Compare Personal Credit Rates Save Big Instantly

Several factors influence the rates you might be offered:

1. **Credit Score**: Your credit score is one of the most significant determinants of your interest rate. A higher score often results in lower rates because it represents a lower risk to lenders¹.

2. **Loan Amount and Term**: Larger loans or longer terms can sometimes come with higher rates, though this is not always the case. It's important to evaluate the total cost of the loan, including interest, over its entire term².

3. **Lender Policies**: Different lenders have varying risk appetites and operational costs, which affect the rates they offer. It's beneficial to shop around and compare offers from multiple lenders.