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This Week’s Personal Loan Rates: June 3, 2025—Rates Rise Again

  • Personal loan rates increased last week but highly qualified borrowers can still secure reasonable rates.
  • The average fixed rate on a three-year personal loan for borrowers with a credit score of at least 720 was 13.93% as of May 31, 2025, up from 12.99% the previous week.
  • Well-qualified borrowers can receive rates below the average, influenced by factors such as credit profile and chosen loan terms.
  • It is advisable to shop around for the best rates when considering a personal loan, as rates vary among lenders and depend on factors like credit score and loan term.

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