Rates and Terms for Personal Loans

Personal loan rates are some of the lowest in the loan industry. The low interest rate and the option to borrow the money for a period of up to 36 months make these loans a great alternative to regular bank loans or paying interest on a credit card. Generally the rates for a personal loan are lower than other online loans and the final cost of the loan is determined by adding the loan principal and the interest rate. The rates and terms for personal loans can significantly vary from lender to lender. Because 36monthloans.com is not a direct lender, we cannot provide exact rates but can provide approximate information on personal loan rates.

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Personal Loan Examples

Online personal loans have a few advantages when compared to other online loans such as: a longer period of time in which to repay the loan, bigger loans, and flexible repayment conditions. Applying for a loan is easy and is based on an online form system; the loans are picked up personally from a branch office or in some cases the money is wired directly to your account as soon as the next day.

Personal Loan Rates:

The cost of a personal loan is determined by adding the loan principal amount (the amount of money borrowed initially) and the interest rate. The interest rate is dynamically determined according to each borrower's credit rating, credit history and financial situation, and it can vary from one lender to another. Aside from loan principal and interest rate, origination and documentation fees may be included in certain states.

Personal Loan Basic Terms:

• Loan Amount: $1,000 to $25,000**;
• Interest rates range: 11.24% - 35%
• Payment Frequency: Monthly (Flexible Payment Options);
• Loan Options: Individually or with Co-Applicant;
• Loans for Multiple Purposes;
• In rare cases collateral may be required.

In case you are not accepted for a loan within the interest range mentioned above, other personal loan alternatives may be offered to you.