Skip to content
Digital News Report Logo
Menu
  • News
  • Business
  • Science
  • Entertainment
  • Health
  • Sports
  • Audio Books
  • Quizzes
  • Videos
Menu

Home » Business » Unsecured Personal Loan Rates for Bad Credit

Unsecured Personal Loan Rates for Bad Credit

By Tina Brown on January 5, 2011
alt text

Digital News Report – Banks are beginning to make more personal loans while credit card companies tighten credit. The most recent data provided by the Federal Reserve indicate that revolving debt (credit cards) has declined while non-revolving credit (personal loans) has increased.

While government analysts say the inflation rate is near zero, consumers are realizing major increases in their grocery bills. Gas an other commodities are also increasing.

One small emergency can cause financial problems. Depending on the borrower’s credit history, there may be several options. Payday loans have an extremely high interest rate. For most people, a long term personal loan is desirable.

Union Bank had an unsecured personal loan rate starting at 9.0%. Depending on the credit score, the rate could be as high as 19.138%.

It may help to have a bank account with the lending institution making the loan. Some banks will give priority to their current customers.

Bank of America has rates starting at 3.09%.

Nationwide Bank had rates starting at 6.45%.

Citibank had unsecured personal loan rates starting at 10.49%. Some borrowers may pay up to 25.49%.

By Tina Brown

  1. Bad Credit Unsecured Personal Loan Rates
  2. Personal Loan Rates even for People with Bad Credit
  3. Personal Loan Rates for People with Bad Credit
  4. Personal Loan Rates for Good and Bad Credit Customers
  5. Personal Loan Rates – Bank customers receive lower prices even with bad credit

Live Results Search

Categories

Important Information

This site is for informational purposes only.  Always check with your doctor or  legal council before making any medical or legal decisions.

loader-image
San Francisco, US
5:35 am, May 19, 2025
temperature icon 54°F
clear sky
Humidity 80 %
Pressure 1018 mb
Wind 2 mph
Wind Gust: 3 mph
Visibility: 10 km
Sunrise: 5:56 am
Sunset: 8:16 pm
Weather from OpenWeatherMap

 

©2025 Digital News Report | Design: Newspaperly WordPress Theme