For more information regarding the APR contact your lender. The APR depends solely on your lender’s decision, based on various factors including your credit score, credit history, income, and some other information you supply in your request. Process, we can not deliver any specifics about the APR you will be offered. Typically, APRs for personal loans range from 4.99% to 450%, APRs for payday loans vary from 200% to 1386%, and APRs for installment loans range from 6.63% to 225%. It is the combination of the nominal interest rate and some additional costs such as fees involved in obtaining a loan.
Origination fees vary by lender.Īnnual Percentage Rate (APR) represents the annualized interest rate that you are charged for borrowing. * Annual Percentage Rate, includes an origination fee of $50. The table is just an example, the actual rate will depend on each lender.
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