Nicole Dow

Sep 5, 2024 | wfmz.com | Nicole Dow

Interest rates on personal loans have steadily increased since early 2022, coinciding with the Federal Reserve’s efforts to curb inflation by raising the federal funds rate. But anticipated Fed rate cuts before the end of this year may not bring personal loan rates down right away. “Typically, we don’t see personal loan rates drop as a result of those rates dropping,” said Jean Hopkins, director of consumer lending at WeStreet Credit Union in Tulsa, Oklahoma.

Sep 5, 2024 | djournal.com | Nicole Dow

Interest rates on personal loans have steadily increased since early 2022, coinciding with the Federal Reserve’s efforts to curb inflation by raising the federal funds rate. But anticipated Fed rate cuts before the end of this year may not bring personal loan rates down right away. kAm“%JA:42==J[ H6 5@?’E D66 A6CD@?2= =@2? C2E6D 5C@A 2D 2 C6DF=E @7 E9@D6 C2E6D 5C@AA:?8[” D2:5 y62? w@A<:?D[ 5:C64E@C @7 4@?DF>6C =6?5:?8 2E (6$EC66E rC65:E &?:@? :?

Sep 5, 2024 | brenhambanner.com | Nicole Dow

Interest rates on personal loans have steadily increased since early 2022, coinciding with the Federal Reserve’s efforts to curb inflation by raising the federal funds rate. But anticipated Fed rate cuts before the end of this year may not bring personal loan rates down right away. kAm“%JA:42==J[ H6 5@?’E D66 A6CD@?2= =@2? C2E6D 5C@A 2D 2 C6DF=E @7 E9@D6 C2E6D 5C@AA:?8[” D2:5 y62? w@A<:?D[ 5:C64E@C @7 4@?DF>6C =6?5:?8 2E (6$EC66E rC65:E &?:@? :?