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Is 15% a bad interest rate?
Posted by 墨染天下 on February 27, 2025 at 12:20pm 0 Comments 0 Likes
Is 15% a bad interest rate?
APR of 15% is suitable for credit cards and personal loans. This is because it's cheaper than average. On the other hand, a 15% APR is far higher than what most borrowers are owed to pay, making it not good for mortgages, student loans or car loans. APR of 15% is suitable for credit cards. The average credit card APR is 23.1%.…
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