0
What else can I help you with?
What's a good loan interest rate for someone with excellent credit?
A good loan interest rate for someone with excellent credit is typically around 3-4.
What is the interest rate on loan?
Interest rates are based solely on the severity of your credit. Good credit = low interest rate. Bad credit = higher interest rate.
What kind of collateral is used for a personal loan?
It depends on the type of personal loan. It is possible to get a loan using only a good credit score as collateral. If you do not have good credit, it is still possible to get a loan without collateral, but you can expect to pay a much higher interest rate. It is also possible to use a vehicle or property as collateral.
Do you need to have a good credit rating to get instant loans?
In today's economy, you need good credit for just about any loan and an instant loan is no exception. Also, the higher your credit rating, the lower your interest rate, which is an important factor in considering a loan.
How does the interest rate for a bad credit debt consolidation loan differ from a regular small bank loan?
The interest rate for a bad credit debt consolidation loan differs from a regular small bank loan because the interest rate for the bad credit debt consolidation loan would be higher. The rate would be higher due to the fact that the one receiving the loan would pose a risk because they have bad credit and obviously had not been good with payments or something in the past. The regular small bank loan would be for those who have good credit, so the interest rate would be normal or lower.
What is an appropriate interest rate for a secured loan?
Interest rates will be decided based on what your securing the loan with and how good your credit score is. A good interest rate is running right around 8% for a secured loan with average credit.
What's a good loan interest rate for someone with excellent credit?
A good loan interest rate for someone with excellent credit is typically around 3-4.
What is the interest rate on loan?
Interest rates are based solely on the severity of your credit. Good credit = low interest rate. Bad credit = higher interest rate.
How do you get a loan easily and with less interest in these recession times?
have good credit.
If a prospective buyer does not have good credit, is it still possible to qualify for a loan on a foreclosed property?
No, you are what your credit score is! You may get a loan with an enormous amount of interest on your loan. Also, a lot of banks that buy out the foreclosures want cash not credit. It depends on the company's policy and if you have a co-signer or not.
Can I find a finance loan that has a good interest rate?
That all depends on your credit score. Companies tend to offer loans of lower interest rates to individuals they deem at lower risk of defaulting on a loan. If you have a very good credit score then yes you should be able to finance a loan with a good interest rate.
What kind of collateral is used for a personal loan?
It depends on the type of personal loan. It is possible to get a loan using only a good credit score as collateral. If you do not have good credit, it is still possible to get a loan without collateral, but you can expect to pay a much higher interest rate. It is also possible to use a vehicle or property as collateral.
Do you need to have a good credit rating to get instant loans?
In today's economy, you need good credit for just about any loan and an instant loan is no exception. Also, the higher your credit rating, the lower your interest rate, which is an important factor in considering a loan.
How does the interest rate for a bad credit debt consolidation loan differ from a regular small bank loan?
The interest rate for a bad credit debt consolidation loan differs from a regular small bank loan because the interest rate for the bad credit debt consolidation loan would be higher. The rate would be higher due to the fact that the one receiving the loan would pose a risk because they have bad credit and obviously had not been good with payments or something in the past. The regular small bank loan would be for those who have good credit, so the interest rate would be normal or lower.
Credit To A Loan?
In order to get auto loans, you need to have pretty good credit. With banks looking more at the credit someone has, a good credit score will mean a better auto loan for you. There are still some auto dealers who will give you a loan on a car if you can provide proof of income. An auto loan has lower interest rates than housing loans, and they are easier to pay back. You have more flexibility with auto loans as well.
If you have bad credit does having a cosigner with good credit on the loan lower your interest rate?
No. You are considered the primary debtor and therefore the interest rate would depend on your credit history.
What should my credit score be to get a home loan?
The higher the credit score you have, the better chance of being approved for a home loan. You may still get a home loan on a lower score, but the payments and interest will be higher.
