The average credit card interest rate is
| Category | Average Interest Rate | Recent Low |
|---|---|---|
| Fair Credit | 22.58% | 19.18% (Q3 2012) |
| Store Cards | 24.4% | 22.21% (2011) |
In respect to this, is 22.99 a high interest rate?
High interest-rate cards like this are generally marketed to people who have less-than-stellar credit scores of around 650 or below, but even these customers should refrain from opting for a sky-high interest rate. “Once you get above 22.99%, you’re better off getting a secured card,” Harzog says.
People also ask, what credit score do I need for a $30000 loan?
The one benefit to this is low interest rates, but you must be prepared to make your payments. If you don’t pay the loan back, you could lose your house. In addition, you’ll need a credit score of at least 620 to qualify.
What credit score do you need for a $15000 loan?
What credit score is needed for a 2000 loan?
You will likely need a credit score of at least 580 for a $2,000 personal loan. Most lenders that offer personal loans of $2,000 or more require bad credit or better for approval, along with enough income to afford the monthly payments.