Comment on What Rising Personal Loan Rates Mean for Borrowers

What Rising Personal Loan Rates Mean for Borrowers

Personal loan rates from banks, credit unions and online lenders are up after repeated interest rate hikes from the Federal Reserve this year, the latest of which came last week. The finance rate on 24-month personal loans from banks jumped from 8.73% in May to 10.16% in August, according to the latest data from the... Annie Millerbernd writes for NerdWallet.

 

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