The best personal loan interest rates are reserved for the most creditworthy applicants. Borrowers with credit scores of 780 or higher — “very good” or “exceptional” scores in FICO’s eyes — were ...

Higher interest rates make some strategies more advantageous than a few years ago, while others have lower benefits.

Narrow use of funds. Like a personal loan, a car loan is a type of installment loan, which means you are approved for a certain amount and receive the proceeds upfront to cover the costs of the car.

Student loans can be a significant financial burden for many people, especially as the average loan balance continues to rise. Paying off student loans can ...

Traditional payday loans tend to have extremely high fees that make them an expensive option for fast financing. In general, interest-free loans follow the same pattern as traditional personal loans.

Rates on 3-year fixed-rate loans averaged 15.46%, up from 15.04% the seven days before and from 13.63% a year ago. Rates on 5-year fixed-rate loans averaged 20.26%, down from 20.28% the previous seven ...

A no-appraisal home equity loan can save time and lower closing costs by not requiring a formal appraisal, but it sometimes leads to higher interest rates and lower loan limits. Be sure to compare ...

Higher interest rates overall arenâ t exactly too great for the average Canadian. Higher rates mean higher costs when it comes to loans, which most of us have seen through higher mortgage rates. After ...

VA loans do not usually require a down payment, but there are certain circumstances in which a down payment might be necessary. Making a down payment on a VA loan can help reduce your funding fee and ...

U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, prompting banks to become more cautious about dishing out ...

Higher interest rates can be great for savers, but bad for the economy. This is because it makes it much more expensive to borrow money – whether you’re after a loan from a high street bank, or you’re ...

However, if your scores are below 500, you may receive a rate of 18% or higher, if you qualify at all. We’ll examine how your credit scores impact the interest rate you receive on an auto loan ...