Home RatesPersonal Loans

No weekly change

Personal Loan Rate Trends

Follow personal loan APRs and compare them against high-rate card debt or large planned expenses.

Best personal loan APR

7.49% APR

Benchmark average

10.49% APR

User opportunity

25 bps can matter on large balances

Historical archive

Personal Loans over time

No weekly change

Aug 7

11.99%

Aug 8

11.99%

Aug 9

11.99%

What changed

Rates are holding steady, which makes comparison discipline more important than timing.

Why it matters

Can I cut my borrowing cost?

What to do next

Compare a fixed payment against your current debt cost.

How we track this rateShow

SourceSwitchWize Rate Scout (Bankrate), updated daily

MethodBest personal loan APR sourced from SwitchWize Rate Scout daily scrape. Lowest advertised rate typically requires excellent credit (720+ FICO). Actual rate offered depends on income, credit history, and debt-to-income ratio.

Verified existing coverage

Use what SwitchWize already has

6 links

GuideA Personal Loan at 10% APR vs. a Credit Card at 22%: The Math Is Not CloseWhen a personal loan makes sense, when it destroys value, how to get the lowest rate, and what lenders don't disclose upfront, including the origination fee that changes every calculation.GuideThe New Grad Money Playbook: Your First Paycheck (2026)Your first real paycheck arrives with no instructions, and the decisions you make in the first month compound for forty years. This is the setup playbook: claim the free 401(k) match, split the paycheck before you can spend it, open the Roth IRA that fits your low tax bracket now, build credit, and handle student loans without derailing the rest.GuideThe State of American Auto Debt: ReportA data report on the $1.69 trillion Americans owe on their cars, and the trap underneath it. A record share of trade-ins are underwater, drivers are rolling that negative equity into ever-longer loans, and 84-month terms are turning cars into debts that outlast their own value.Guide401(k) Loan vs Personal Loan: Which Costs Less in?401(k) loan vs personal loan compared on interest, risk, and what happens if you leave your job. See which borrowing option actually costs less.CalculatorPersonal Loan CalculatorEstimate payment, interest, origination fee, net proceeds, and all-in cost for a fixed-rate personal loan.ComparisonProduct comparisonExisting SwitchWize comparison page connected to this rate.

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