Bad Credit Unsecured Personal Loans – Money Interest Rates from Chase, Capital One and Wells Fargo
Posted on | August 23, 2010 | No Comments
Bad credit unsecured personal loans offer many borrowers an opportunity to gain access to up to $15,000 cash. It is very important to understand that the interest rates on these bad credit loans could be extremely high. Money interest rates from Chase, Wells Fargo and Capital One will greatly be determined by a credit score of a specific borrower.
To get the lowest possible interest rate on a personal loan it would be wise to take out a secured personal loan with a very good credit score. With a credit score above 740 should position many borrowers and a great place to receive interest rates well below 15%. The average interest rate on a personal loan is currently between 12% and 18% for borrowers with a decent credit score.
It is important to remember that Chase, Wells Fargo and Capital One are some of the biggest lenders in the country but they are not the only option when it comes to a personal loan. It may be a wise decision to consider other options as there may be local community banks that offer great customer service with very attractive interest rates.
Author: Heather Best
Tags: bad credit loans > Bad Credit Unsecured Personal Loans > capital one personal loans > chase personal loans > personal loans > unsecured personal loans > wells fargo personal loans
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