See the latest personal loan and debt consolidation loan interest rates. Learn if today is the right time to get a loan based on your credit score.

Average three-year personal loan rates were 15.23% APR for the week ending September 15, 2024, down from 15.52% APR the week before, according to Credible personal loan data. This is the lowest that three-year rates have been since May 2024. However, rates are still up year-over-year from 14.98%.

Personal loan interest rates trended in opposite directions today, with rates for 3-year terms decreasing to 15.23% while rates for 5-year payback periods jumped to 21.95%.

See today’s personal loan rates for September 16, 2024 — including for three- and five-year loans as well as by credit score.

Through Credible, you can compare private student loan rates from multiple lenders. For 10-year fixed private student loans, interest rates grew by 0.62 percentage points, while 5-year variable student loan interest decreased by 0.06 percentage points.

As rates drop, each option has its pros and cons. Let's find out what financial experts recommend in this evolving economic climate. Considering a personal loan now? See how low o

The Federal Reserve delivered a super-sized cut to interest rates Wednesday, bringing a measure of relief for consumers struggling to pay down their credit card balances. Why it matters: Soaring credit card rates and inflation have contributed to the economic pinch many everyday Americans have felt over the past few years as household budgets strained and views of the economy soured.

The county's central bank announced a historic rate cut on Wednesday that will impact how millions of Americans can finance their debt.