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Thread: Interested in interest Rates haha

  1. #1
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    Default Interested in interest Rates haha

    MAN am i ever witty,
    anyone by anychance know recent interest rates on bank loans?
    thanks for your time boys and girls

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    depends. I think prime just went up to 5.75%

    most loans are based on that. It's usually prime + something...

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    Unsecured bank loans are usually prime +1.5% or 2% if your credit is good.

    Secured loan would be around prime to prime + 1% depending on duration.

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    so most likely avg'ing around 7-8%?
    perfect, thanks guys!

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