This One Chart Shows Why Putting 20% Down on a Mortgage May Be a Mistake

MarketWatch

Here’s exactly what you can expect to pay for a personal loan right now, based on your credit score

For those with excellent credit, there’s good news on the personal loan front: rates for the week of October 4th have fallen slightly, from 14.20% for a three-year loan and 14.97% for a five-year loan in the week prior, to 13.68% and 14.22%, respectively, according to data released this week from Bankrate. If you need a loan quickly, this might be a good option for you, assuming, of course, you can repay it, and you get a good rate.