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This week's personal loan rates rise for 3- and 5-year loans

Posted on AllSides June 24th, 2024
From The Right

Borrowers with good credit seeking during the past seven days prequalified for rates that were higher for 3- and 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender between June 17 and June 23: • Rates on 3-year fixed-rate loans averaged 15.69%, up from 15.48% the seven days before and from 15.18% a year ago. • Rates on 5-year fixed-rate loans averaged 19.66%, up from 18.76% the previous seven...

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