Commercial bank interest rates on personal loans with a maturity of 24 months in the United States were significantly higher in February 2024 than a year earlier. That month, that finance rate amounted to 12.49 percent. Since the year 2000, there have only been a few occasions in which the finance rate was 11 percent or higher.
Finance rate on 24-month personal loans at commercial banks in the United States from February 2000 to February 2024
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St. Louis Fed. (April 8, 2024). Finance rate on 24-month personal loans at commercial banks in the United States from February 2000 to February 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1386613/interest-rate-on-24-month-personal-loans-in-the-us/
St. Louis Fed. "Finance rate on 24-month personal loans at commercial banks in the United States from February 2000 to February 2024." Chart. April 8, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1386613/interest-rate-on-24-month-personal-loans-in-the-us/
St. Louis Fed. (2024). Finance rate on 24-month personal loans at commercial banks in the United States from February 2000 to February 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1386613/interest-rate-on-24-month-personal-loans-in-the-us/
St. Louis Fed. "Finance Rate on 24-month Personal Loans at Commercial Banks in The United States from February 2000 to February 2024." Statista, Statista Inc., 8 Apr 2024, https://www.statista.com/statistics/1386613/interest-rate-on-24-month-personal-loans-in-the-us/
St. Louis Fed, Finance rate on 24-month personal loans at commercial banks in the United States from February 2000 to February 2024 Statista, https://www.statista.com/statistics/1386613/interest-rate-on-24-month-personal-loans-in-the-us/ (last visited July 22, 2024)
Finance rate on 24-month personal loans at commercial banks in the United States from February 2000 to February 2024 [Graph], St. Louis Fed, April 8, 2024. [Online]. Available: https://www.statista.com/statistics/1386613/interest-rate-on-24-month-personal-loans-in-the-us/
