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  2. Personal loan interest rates in 2024 | Facts and statistics - AOL

    www.aol.com/finance/personal-loan-interest-rates...

    Personal loan debt in the U.S. reached $245 billion in the fourth quarter of 2023, and the number of consumers with personal loans reached a record high. With the Federal Reserve’s rising ...

  3. What is the average personal loan interest rate? - AOL

    www.aol.com/finance/average-personal-loan...

    According to a Bankrate study, the average personal loan interest rate is 12.38 percent as of July 31, 2024. The rate you get depends on factors like your credit score, the type of lender you ...

  4. What is a personal loan? How it works — and what to know ...

    www.aol.com/finance/what-is-a-personal-loan...

    Advertised interest rates range from 8% to 36%, though the average interest rate on a two-year personal loan was 11.92% as of May 2024, according to the Federal Reserve Bank of St. Louis.

  5. How to manage your personal loan and save money - AOL

    www.aol.com/finance/manage-personal-loan-save...

    Despite a lack of rate hikes in 2024, as of July 2024, the current average personal loan rate is at an all-time high of 12.38 percent. Due to the high-rate environment, now is likely not the best ...

  6. Fixed vs. variable interest rates: How these rate types work ...

    www.aol.com/finance/fixed-vs-variable-interest...

    Say you take out a fixed-rate personal loan to pay down high-interest credit card debt ... Accessed December 30, 2024. Bank Prime Loan Rate, Federal Reserve Bank of St. Louis. Accessed December 30 ...

  7. Where to get a personal loan - AOL

    www.aol.com/finance/where-personal-loan...

    The average interest rate on a three-year personal loan from a credit union is 10.58 percent, according to September 2023 data from the National Credit Union Administration (NCUA). However, the ...

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