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Interest rates for personal loans at Bank of America are varied depending on the borrower's credit score. As these rates are personalized for each loan applicant, Bank of America requires the applicant to visit one of their banking centers to apply.

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12y ago

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Personal loans should have a lower interest rate than student loans.?

Personal loans should have a lower interest rate than student loans.


How can I obtain personal loans without interest?

Obtaining personal loans without interest is typically not possible through traditional lenders. However, you may consider borrowing from friends or family, utilizing interest-free credit cards, or seeking out non-profit organizations that offer interest-free loans.


How do you use personal loans to save tax?

tax have exemption on the interest rates on personal loans.


Where can one find information about low interest personal loans online?

The best place to find information on low interest personal loans online is through price comparison websites. Money Supermarket is a good site as is Compare the Market.


What are the best options for obtaining personal loans with no interest?

The best options for obtaining personal loans with no interest are typically through friends or family members who are willing to lend you money without charging interest. Another option is to look for nonprofit organizations or community groups that offer interest-free loans to individuals in need. Additionally, some religious or cultural organizations may provide interest-free loans to members of their community.


What are good interest rates for bank loans in 2013?

What qualifies as a good interest rate depends on the loan. There are car loans, mortgage loans, home equity loans and personal loans. The interest rate for each loan differ.


Can you claim school loans on income tax?

Well, loans if anything would be income (but it isn't). You mean the interest on them...NO. Interest on personal use loans is not deductible.


Car loans tax deduction?

No. No personal loan interest.


Where can one get used car loans in the United States of America?

You can get used car loans in the United States of America through your local credit union, bank and through the dealer directly. The credit unions and banks will usually get you a better interest rate.


Where can one go for low interest personal loans in Halifax?

To find low interest personal loans in Halifax, one should visit the local banks of the area. For example, try Natwest, Nationwide or Santander and compare their loans.


Is the interest rate high for asda loans?

ASDA loans are divided into two categories based on the amount borrowed. These categories are Little Loans and Personal Loans. The average interest rate is about 8% which is not bad but interest rates can be as high as 15% and more.


What is the interest rate on the sbi personal loan?

SBI (State Bank of India) offers personal loans as one of their products. The interest rate on a personal loan from SBI (State Bank of India) depends on the applicants credit, amount borrowed, and collateral. Personal loans are calculated at a 9.75% base interest rate.