<ul><li>Rates on personal loans declined last week, providing an opportunity for qualified borrowers to secure lower interest rates.</li><li>For borrowers with a credit score of at least 720 who prequalified on Credible.com, the average interest rate on a three-year personal loan was 14.93%, a 0.33% decrease from the previous week.</li><li>The average rate on a five-year personal loan increased slightly by 0.02% to 20.73%.</li><li>Personal loan rates vary among lenders and depend on factors such as credit profile and loan terms.</li></ul>

This Week’s Personal Loan Rates: January 23, 2025—Rates Drop

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