How close to the prime rate will a non-business high credit score customer get for 30,000 dollar loan?
Curious what the interest rate would be on a loan of this size. It would be with a nearly perfect credit score.
Public Comments
- It depends on whether or not it was collateralized. If it is, you could expect about one percent over prime, but probably more like two percent. If it was a signature loan, based on your personal financial and good score, you might get two percent over, but more likely three percent. It also depends a lot on how good of banking relationship you have with the loan officer.
