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Key takeaways. The current average personal loan interest rate is 12.36%. Excellent credit results in the lowest rates — and poor credit may have rates over 30%.
As of July 2024, the average personal loan rate is 12.38 percent, while the average credit card rate is 20.73 percent. Borrowers with excellent credit scores can qualify for personal loan rates of ...
Average personal loan rates currently range from about 8 percent to 36 percent. You will need excellent credit and a high income to qualify for the lowest rates and highest amounts.
Citi. APR: 11.49% – 20.49% Loan amount: $2,000 to $30,000 Terms: 12 – 60 months Processing speed: Receive your funds the same day you are approved through Citi deposit account.Expect funding ...
For those with a good to excellent credit score and a stable income, the interest rate on personal loans is often lower than credit cards. You may even be able to find personal loan rates under 10 ...
1. Personal loans. Personal loans can be used for essentially every legitimate expense and are offered by banks, credit unions and online lenders. The best personal loan rates go to those with the ...
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