{"id":22029,"date":"2025-10-29T21:41:03","date_gmt":"2025-10-29T21:41:03","guid":{"rendered":"https:\/\/budgetadirect.com\/?p=22029"},"modified":"2025-10-29T21:41:04","modified_gmt":"2025-10-29T21:41:04","slug":"personal-loan-interest-rate-forecast-for-2025","status":"publish","type":"post","link":"https:\/\/budgetadirect.com\/?p=22029","title":{"rendered":"Personal Loan Interest Rate Forecast for 2025"},"content":{"rendered":"
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\n Images by Getty Images; Illustration by Hunter Newton\/Bankrate\n <\/p>\n<\/p><\/div>\n

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Economic uncertainty over the potential impact of President Trump\u2019s tariff policies on the cost of American goods and services has dimmed the prospects for lower personal loan rates for the remainder of 2025. \u00a0At its October meeting, the Fed cut rates for the second meeting in a row, bringing the new target range to 3.75-4 percent.<\/p>\n

According to Bankrate chief financial analyst Greg McBride, the Fed\u2019s holding pattern is likely to limit any downward movement in personal loan rates.<\/p>\n

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\n The Fed left benchmark interest rates unchanged through the first half of the year, and the odds of a meaningful drop in rates during the second half of the year are dwindling. Unless the economy rolls over, the Fed is unlikely to cut rates more than once or twice this year, if at all. Without that, there is little catalyst for lower personal loan rates.<\/q>
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\n \u2014 Greg McBride, CFA | Bankrate chief financial analyst
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Despite the disappointing Fed rate outlook, average personal loan rates are still substantially lower than average credit card rates. If you\u2019re one of the two in five cardholders struggling with maxed-out credit cards, you may get some relief by consolidating them into one new personal debt consolidation loan.<\/p>\n

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\n Current personal loan interest rates\n <\/p>\n

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