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Home » Business » Bad Credit Unsecured Personal Loan Rates

Bad Credit Unsecured Personal Loan Rates

By Tina Brown on March 23, 2011
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Digital News Report – Personal loan rates are typically higher than mortgage home loan rates, but lower than payday loans. There is less paperwork involved in acquiring a personal loan, but the rate will depend on several factors.

There are numerous types of personal loans. Unsecured personal loan rates are typically high and do not change often. Secured personal loans, like car loans, have lower rates.

Wells Fargo offers a variety of personal loans. Their auto loans start at 3.99%. Unsecured personal loans start at 15.10%.

“Even though the interest rates on personal loans are higher than those of secured loans, personal loan interest rates are usually still lower than credit card rates”, lending tree stated in their blog.

SunTrust had personal loan rates starting at 3.99%. Their high-end rate was 12.99%.

The final interest rate depends on the credit history of the borrower. A bad credit score will cause lenders to charge more.

Today, Nationwide Bank had rates starting at 6.45%.

By Tina Brown

  1. Unsecured Personal Loan Rates for Bad Credit
  2. Bad Credit Unsecured Personal Loans Available at higher rates
  3. Personal Loans – Unsecured and Secured Rates and Terms for Bad Credit Customers
  4. Unsecured Personal Loans for Bad Credit Customers – KeyBank Raises Rates
  5. Unsecured Personal Loan Rates

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

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