Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Is 13.99% APR good for a personal loan?

Anonymous
Posted by Anonymous
  • 20 Replies

The loan is $1,000.

Posted by Anonymous on Aug. 8, 2017 at 11:57 AM
Add your quick reply below:
You must be a member to reply to this post.
Replies (1-10):
Anonymous
by Anonymous 2 on Aug. 8, 2017 at 11:58 AM

That's a fairly high interest rate for $1,000.00.

Anonymous
by Anonymous 3 on Aug. 8, 2017 at 11:59 AM
I don't think so. My car loan is 0.9%
blue-heart
by Ruby Member on Aug. 8, 2017 at 12:00 PM
That's pretty high especially for only $1,000
Anonymous
by Anonymous 1 - Original Poster on Aug. 8, 2017 at 12:00 PM

My car loan is 1.2% but this is a cash loan. 

Quoting Anonymous 3: I don't think so. My car loan is 0.9%


Libby22
by Ruby Member on Aug. 8, 2017 at 12:01 PM
No.
Anonymous
by Anonymous 4 on Aug. 8, 2017 at 12:01 PM
No
Anonymous
by Anonymous 3 on Aug. 8, 2017 at 12:02 PM
Wouldn't it be more logical to borrow against the equity of your car, if you're strapped?

Quoting Anonymous 1:

My car loan is 1.2% but this is a cash loan. 

Quoting Anonymous 3: I don't think so. My car loan is 0.9%

Anonymous
by Anonymous 5 on Aug. 8, 2017 at 12:04 PM
Holy fuck no that's not good. The most I pay in ANY loan is 3.5% thats in iur house. My car is 0%. We have a few and that it the highest being on our snowmobiles
Anonymous
by Anonymous 6 on Aug. 8, 2017 at 12:04 PM
NO
smorgan865
by Emerald Member on Aug. 8, 2017 at 12:06 PM
Personal Loans tend to be higher, but when I was looking for loans to use for land I was getting 8% and 9% fixed APR. I was looking for about 5,000.

I ended up not needing it.

Shop around and make sure it's FIXED.
Add your quick reply below:
You must be a member to reply to this post.
Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)