Low Personal Loan Interest Rate

0
0
0
0
0
0
0
0
0
or copy the link

Where to get the Best Low Personal Loan Interest

If you are in the market for your own loan, you want to make sure you get a minimal personal loan interest rate within the deal. Here are some suggestions of where you can try to find that loan, and ideally obtain a low personal loan interest rate at the same time.

The most effective place to get a lower personal loan interest rate comes from a private source. Perhaps a relative or friend could be willing to float you a personal loan. However, inside the interests of your romantic relationship, it is imperative which both of you treat this as a business deal. For your part, you have to commit to making payments on time. Your benefactor, in such as manner, does not need to talk about the fact that they made the actual loan to you in front of other people. Make sure there are created terms for pay back, including the low loan interest rate that is being lengthy, that both of you agree to.

Of course, you want to approach your own financial institution about meeting your need, along with a low private loan interest rate. Chances are that the particular institution will have more than one loan packages that would be best for you. Investigate them carefully and make sure you can meet the terms. Document the conditions, as you will want to do a comparison elsewhere.

You need to contain at least one more useful resource in your search for the best lower personal loan interest rate before you commit to anything. Go to a loan or finance company to see what they might be prepared to do for you. Even though many of these have a standing of being for high-risk consumers, there are quite a few which have excellent low loan rates of interest and even offer benefits for early benefit. You may find this useful resource ends up being the best choice in your quest for a minimal personal loan interest rate.

Keep in mind, it is important to compare several potential loaners before you at any time commit to one source. By doing so, you will be made certain of getting the best reduced personal interest rate that you could.

Comments: 26

  1. Lou February 28, 2013 at 3:56 am Reply

    I have $38000 credit card loan. It is hard to manage all of them.
    They are high interest rate. Is there any personal loan out there
    which will be lower interest rate and I can pay one creditor….
    I have good job but this credit card killing me.
    I don’t have any house. I also do not want to file bankruptcy or consolidation.
    I work for the city and my salary is over 75 in the w2

  2. Jaimee April 18, 2013 at 4:56 am Reply

    A clearer, and longer question:

    If I have a good car loan interest rate, and paid off said car loan, could I get that good car interest rate with a personal loan, or smaller?

    The plan: Pay off our car now with our savings, and put a little bit back into savings with a smaller loan and smaller monthly payments.

    I would love to get a personal loan at the same rate, or smaller.

    Only way my bank can check, is if they run a credit check. Some banks provide better rates than others, so I would rather avoid a million credit checks through each bank, to find the lowest interest rate, but if I’m more confident that we’d have at least our interest rate on our current auto loan…secure, I wouldn’t mind my bank running a check now…and getting the loan.

    Trying to reduce our monthly payments in half, while still be financially guarded in the future. 🙂

  3. Stacee April 29, 2013 at 3:39 am Reply

    Everything is on my name… the house, the truck, credit cards which my wife and I are wanting to pay off but since we fell behind a bit my credit score is very low. Hers on the other hand is 120 higher than mine. Her name is on one thing only – a small unsecured loan. Would we be able to get a nice personal loan on her name and with a nice interest rate?

  4. Albert June 26, 2013 at 12:25 am Reply

    Right now my interest rate is 18% on my personal loan and 17.9% on my credit card. how do i get lower rates on my next credit and personal loan

  5. Normand October 29, 2013 at 4:05 pm Reply

    I have a personal loan with a 14,000 balance and a %15.00 percent interest rate. I have average to good credit. I would like to transfer that personal loan to another credit union or lender. What banks or credit unions offer lower interest rates (around 10%) on personal loans? What is the best process of accomplishing this. Thanks.

  6. Dagmar December 17, 2013 at 8:19 am Reply

    I owe chase about $2,800 (at 19%) and discover $2,300 with no interest rate till June I believe.

    I need a loan to pay off $2,500 probation for my boyfriend who helps me with these bills anyways and my credit score has lowered to 710.

    can I consolidate and take out a loan at the same time? is this possible? is it worth it?

    I am thinking of contacting discover but that might not be good because I transfered from chase to them twice already.

    are credit unions your best options for personal loans? I am afraid that with my credit I cant qualify.

  7. Elana December 24, 2013 at 2:58 am Reply

    A clearer, and longer question:

    If I have a good car loan interest rate, and paid off said car loan, could I get that good car interest rate with a personal loan, or smaller?

    The plan: Pay off our car now with our savings, and put a little bit back into savings with a smaller loan and smaller monthly payments.

    I would love to get a personal loan at the same rate, or smaller.

    Only way my bank can check, is if they run a credit check. Some banks provide better rates than others, so I would rather avoid a million credit checks through each bank, to find the lowest interest rate, but if I’m more confident that we’d have at least our interest rate on our current auto loan…secure, I wouldn’t mind my bank running a check now…and getting the loan.

    Trying to reduce our monthly payments in half, while still be financially guarded in the future. 🙂

  8. Marianna February 2, 2014 at 1:22 pm Reply

    Does anyone know of any private lenders, willing to lend $8000.00

  9. Seymour February 13, 2014 at 8:02 pm Reply

    I am trying to get a personal loan, which is proving to be harder then getting a car loan. which I paid off with no problems last year. my credit score is 578 mostly because i’m young and havent really bult up much credit. everywere I go they tell me I have to have atleast a 620 for a loan is this true? is there anyone out there who will give a loan for someone lower then that?

  10. Boris February 13, 2014 at 8:14 pm Reply

    What’s the average interest rate for a personal loan (TD Bank specifically)? If I borrowed $6000 or $7000 on a 2 year//24 month term at an approximate 10% interest rate…how much would I have to pay monthly? What are my best options to have a low monthly payment?

  11. Lanny February 21, 2014 at 11:49 pm Reply

    Is there a cap on an interest rate that an owner of a business can charge his company when he lends his personal funds to the business for cash flow purposes? What is an acceptable interst rate that he should charge for money he loans to the company?

  12. Kam February 21, 2014 at 11:53 pm Reply

    I am pretty young and don’t have much of a credit history (even though my credit score is pretty good). I need a $3,500 loan, and I have been approved for a $5,000 loan for five years at 36% interest rate. They also want me to put my car up for collateral.
    My questions:
    1.)They told me to talk the extra $1,500 (even if I don’t need it and just pay it right back in) because it will be good for my credit history. So should I take the extra money or just take what I need?
    2.)I am not sure how interest works on a loan. Is it the same as a credit card, where they take the amount you owe every month, calculate the 36% and add it on to the back end, or is it different?
    3.) They also said that in a year or so, I might get a better offer for another loan so I can pay them off. But doesn’t that mean that I will just have to get another loan about the same I need now to pay for all the interest tacked on?
    4.)The monthly payment is lower than I was expecting, so should I pay the extra $20 bucks to get it paid of faster?

    Thank you so much for your help. I don’t know it I will take the loan yet or shop around (that interest rate really scares me).

  13. Belia February 22, 2014 at 6:10 am Reply

    I need a $10,000 loan from the bank but don’t know which one will be good in regards to interest rates. I’m not even 100% sure about interest rates… generally, what’s a good rate?

    I’m a 21 year old full time worker on a traineeship who still lives at home… would I be eligble for a personal loan? Am I a desirable candidate?

  14. Yetta February 22, 2014 at 6:57 am Reply

    I am Mr.Harrison A. Walker a private lender. I give out both private and commercial loans to both individuals and corporate business organisations at a low interest rate.Under my loan process, repayment can be made either monthly or yearly. I give out loan for:
    Free mortgage/loan assessment.
    Home Purchase Loans..
    Refinance Loans..
    Fixed Rates..
    Adjustable Rates..
    Land Development Loans..
    Residential Investment Loans..
    Multi-unit Loans..
    Personal loans…
    Business loans…
    Auto loans…
    If you need more details or you wish to obtain a loan from me,you can contact me via e-mail harrisonalphwlkr_loan@yahoo.com.

  15. Justin March 19, 2014 at 5:41 am Reply

    I was working till six mths ago but for some reason i left the job. But now i have joined a company in delhi and my package is around Rs. 6 lacs p.a. I need a personal load now as am in urgent need of money but wherever i tried they required last 3 mths salary slip but since am i wasnt working for last six months, i dont have a salary record but have every other documentation required, can i still get a personal loan? From where?

  16. Justin March 19, 2014 at 5:42 am Reply

    Is there one that isn’t so usurious? Sallie Mae is a huge rip off!!!

  17. Tasia March 21, 2014 at 7:16 am Reply

    I want to take out a personal bank loan of $4000 to consolidate 3 credit cards into one payment. I am paying 29% on one card and around 20% on the other two in interest. I want to just pay them all off with the loan so I only have one monthly payment to the bank with hopefully a much lower interest rate. I know the interest would vary by bank and other factors but I earn about $23,000 per year and have a credit score of around 720, so on average, what kind of interest rate am I looking at?

    Also, I would plan on making about a $200 a month payment, but if I wanted to pay more per month if I could afford it, is there usually a penalty for paying off a personal loan early?

  18. Indira March 21, 2014 at 8:07 am Reply

    I’m am thinking about getting a personal loan for about $1000. My credit score is okay-690-but not great. I have two very low limit–300 and 500–credit cards (have only had a late payment once) and two school loans. I was just wondering if you think it would be possible for me to get this small personal loan? Also, one of my credit cards is through Chase-should I try a loan with them?
    I get 300 a month automatically put in my checking but I’m not sure how you would classify that on an application. I also have a part time job that only brings in 200 a month. I also baby-sit for about 200 a month. That should cover the monthly costs of a loan.

  19. Mechelle March 22, 2014 at 2:07 pm Reply

    Please suggest me the best bank with fair (low) interest rates to get a personal loan in less time

  20. Vernon March 26, 2014 at 11:35 am Reply

    Hi all, i want to take some money like personal loan when i enquired with ICICI the interest rate is 27..please kindly let me knw the low interest rate banks.and one more thing is i work as consultant to a company..i am not in PF roll..wil i get loan..i just pay IT tax..that all..

  21. Erik March 28, 2014 at 8:22 am Reply

    I would like some information about how to research personal loans. I realize that there are disadvantages but I’ve thought about my situation and I realize that in my case it would be worth it. My situation is complicated but I’ve given it lots of thought and it will improve my life. I would just really appreciate some information about how to research them and make the best decision. If you can help me, thank you.

  22. Ai March 29, 2014 at 12:35 pm Reply

    22k in credit card debit.
    One card 7k on 6.9%, One 10.99% with 6k and the other two 10% and 12%.
    I can only get a personal loan through CBA with a fixed rate of 16.45%….should I consolidate or not?

  23. Tanner May 12, 2014 at 3:12 pm Reply

    I am looking for a personal loan to help with closing costs on a house I want to buy. My credit score depending on the bureau they check is 560-619. I make over $80k, and have roughly $2k in monthly expenses. The loan amount I want is $5-$8k, but I don’t want to apply to a bunch and put my score at risk. Does anyone have any ideas to where I should go?

  24. Galen May 13, 2014 at 9:12 pm Reply

    Is 10% a fair rate to apply to a personal loan originating in the U.S. ? How about if it originated internationally?

  25. Sol May 17, 2014 at 5:07 pm Reply

    thanks!

  26. Ariel June 24, 2014 at 6:47 am Reply

    Is there any chance of getting it reduced by negotiating with the bank authorities? If so how?
    kjklhjlknjlklkjkj
    Please tell me about any particular tactics to negotiate with bank regarding interest rate…
    The loan amount would be 1 – 2 lakhs with a duration of 36 to 48 months

Leave a Reply

Your email address will not be published. Required fields are marked *