What is a good interest rate for a personal loan?

August 20, 2010 · Posted in Qualify For Loans · 34 Comments 

I took out a $4,000 personal loan from a credit union. It’s a five year loan and the interest rate is 9.9%. Is this a good deal? I have excellent credit, I have never been late on any payments and I have already paid one student loan bill in full.

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