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Sep 28, 2017 - 34 minute read

General interest rate for personal loan

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General interest rate for personal loan

Late payment, non-payment fees and other penalties may apply to both short term and online personal loan deals in case of missed payments. Please review your loan agreement carefully for information about the financial implications before you provide your electronic signature. The costs associated with loans of up to 500 can range from 15 to 40 of the entire loan amount, and the charges associated with loans of more than 500 can be even more. Your lender may also charge you late fees as well as fees for non-sufficient funds.

As an example, your lender may charge you a 20 nonsufficient funds general interest rate for personal loan as well as 15 of the loan balance as a late fee. Please review your loan agreement carefully for information about the financial implications of non-payment before you provide your electronic signature.

General interest rate for personal loan

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