what is the interest rate on a personal loan?
+ See average personal loan interest rates by credit score. In most cases, people with excellent credit can get rates starting around 10% APR on unsecured loans â ones that donât require collateral â from banks, credit unions and online lenders.
Those with average credit can expect rates in the 7.50% APR range from lenders like Peerform, Vouch, and Avant. Less creditworthy borrowers can expect personal loan interest rates as high as 35% APR.