Average personal loan interest rates by credit score
|Credit Score||Average Personal Loan APRs|
Beside this, is a 3 interest rate good?
Anything at or below 3% is an excellent mortgage rate. And the lower, your mortgage rate, the more money you can save over the life of the loan.
Accordingly, what type of loan has the highest interest rate?
Personal loans and credit cards come with high interest rates but do not require collateral. Home-equity loans have low interest rates, but the borrower’s home serves as collateral. Cash advances typically have very high interest rates plus transaction fees.