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    ekarek
    New Member

    I have a General Loan from President Choice Financial and the interest rate was about 8%. Is that consider a low interest loan?

     
    posted
    ‎October 29, 2019 8:39 PM
    last updated ‎October 29, 2019 8:39 PM
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    Delphision
    New Member

    I have a General Loan from President Choice Financial and the interest rate was about 8%. Is that consider a low interest loan?

    Compared to credit cards at 19% and up, or line of credit loans from 10% to 13.5%, it is a decent interest rate if it is an unsecured loan.  It isn't what I would call "low interest."

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    ‎October 29, 2019 8:39 PM
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    Delphision
    New Member

    I have a General Loan from President Choice Financial and the interest rate was about 8%. Is that consider a low interest loan?

    Compared to credit cards at 19% and up, or line of credit loans from 10% to 13.5%, it is a decent interest rate if it is an unsecured loan.  It isn't what I would call "low interest."

    ‎October 29, 2019 8:39 PM
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    616
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