Rick Bormin, Personal Loans Moderator
@rhandoo2020
The NetCredit personal loan APR is 34% - 99.99%. The NetCredit personal loan APR range is quite high compared to that of a lot of other personal loan providers, and that's because NetCredit focuses primarily on borrowers with bad credit. If you have fair to excellent credit, you can probably find better rates elsewhere (and you might still find better deals with other lenders even with bad credit).
People also ask
What is a good interest rate on a personal loan?
A good interest rate on a personal loan is around 5.99%. The average APR for a two-year personal loan from a bank is 12.17%, according to the latest Federal Reserve data, and the best personal loans have APRs as low as 5.99% for the most creditworthy borrowers. The rates you get will depend heavily on your credit, income, debt, and other financial factors.
The best way to get a decent interest rate on a...
read full answer by Adam McCann, Financial WriterWhich bank has the lowest interest rate on personal loans?
The major bank with the lowest interest rate for a personal loan is Barclays, which advertises APRs of 4.99% - 20.99%. Other notable banks with low personal loan rates include PNC (APRs of 8.14% - 24.99%) and American Express (APRs of 6.9% - 19.97%). Also, you may find similarly low rates to some smaller banks across the country that offer personal loans.
Banks with the Lowest Interest Rates for Personal Loans
read full answer by Adam McCann, Financial WriterIs a 10% APR good?
A 10% APR is good for credit cards and personal loans, as it’s cheaper than average. On the other hand, a 10% APR is not good for mortgages, student loans, or auto loans, as it’s far higher than what most borrowers should expect to pay.
10% Is a Good APR For:
Credit cards
A 10% APR is good for a credit card. The average APR on a credit card is 22.76%.
...
read full answer by Rick Bormin, Personal Loans ModeratorDid we answer your question?
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