When will personal loan interest rates drop? Experts weigh in

By CBS News   |   1 year ago
When will personal loan interest rates drop? Experts weigh in

As inflation remains high and the holiday season nears, Americans are seeking extra funds. Personal loans are a viable option, offering affordability over credit cards and no need to risk assets. Despite Fed rate cuts, personal loan rates may take time to drop, influenced by various factors beyond the Fed's control.

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