<ul><li>Rates on personal loans dropped last week, making it a good time for qualified applicants to finance projects or unexpected expenses.</li><li>For borrowers with a credit score of at least 720, the average interest rate on a three-year personal loan decreased by 1.21 percentage points to 12.99% from May 19 to May 24.</li><li>The average rate on a five-year personal loan increased slightly from 19.70% to 19.72% during the same period.</li><li>Personal loan rates vary based on factors like credit profile and lender offers, with borrowers having higher credit scores generally receiving lower rates.</li></ul>

This Week’s Personal Loan Rates: May 28, 2025—Rates Decline

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