I'm wondering about the ideal interest rate. I want to know what would be the most suitable or optimal rate for a certain financial scenario.
7 answers
HanbokElegance
Fri Oct 25 2024
Securing a favorable interest rate on a personal loan is crucial for borrowers.
Isabella
Fri Oct 25 2024
Generally, a good interest rate is considered to be anything below the market's average rate.
EthereumLegendGuard
Thu Oct 24 2024
However, determining what constitutes a good rate for an individual borrower is not straightforward.
Riccardo
Thu Oct 24 2024
Conversely, a rate of 12.5 percent would be less competitive and may not be as favorable.
SamuraiHonor
Thu Oct 24 2024
A borrower's credit score plays a significant role in determining the interest rate they qualify for.