answersLogoWhite

0


Best Answer

The credit interest rate vary from 7% to 36% in the US. When you say reasonable it would be around 20%. But you need really high credit score to obtain a low interest card.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a reasonable credit interest rate?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a reasonable credit card interest rate?

A great and reasonable credit card interest rate is 5.9 percent. A lot of cards offer interest rates that are below that or even free for a limited amount of time depending on how much you spend.


What is the interest rate on loan?

Interest rates are based solely on the severity of your credit. Good credit = low interest rate. Bad credit = higher interest rate.


What is a reasonable interest rate from a loan company?

A reasonable interest rate varies greatly. It all depends on so many factors. The type of loan you are wanting, the length of repayment terms, your credit score, where you are receiving the loan from, as well as if you are securing the loan with property.


Are Capital One credit cards interest rates reasonable?

This depends on the persons credit, and which card that you are getting from capital one. However if you are accepted for credit you should have no problem with a low rate.


What is an advantage of having an interest rate credit card?

The advantages of having a credit card with an interest rate is it helps build one's credit faster. The higher the interest rate of the credit card, the higher the credit score.


Is Capital One line of credit expensive?

The Capital One line of credit interest rate is reasonable when compared to similar providers. This is also when considering the various fees and charges applicable to the line of credit.


Are there any credit cards available with a permanent 0% interest rate?

No, there are no credit cards available with a permanent 0% interest rate. You can however get the low interest rates one at www.which4u.com.au/credit-cards/lowest-interest-rate -


What is a good interest rate for a personal loan?

Between 6 and 8 percent is reasonable. Usually the local credit union is going to have the best rates.


Is the interest rate on a Debenhams credit card high?

The interest rate on your Debenhams credit card will be dependent on your credit score and your likelyness to pay your credit card on time. The first 6 months to years interest rate is usually free.


Which are the best credit card companies to apply to?

Capital One is a company that works well for people with poor or little credit. They start you off with a low limit usually 500.00 and a reasonable interest rate. Its always best to go through your bank to get a credit card, Because they usually offer lower interest rates. Capital One is a company that works well for people with poor or little credit. They start you off with a low limit usually 500.00 and a reasonable interest rate. Its always best to go through your bank to get a credit card, Because they usually offer lower interest rates.


How do you calculate effective interest rate on a line of credit?

how is line of credit interest calculated


What is the lowest credit card interest rate?

The lowest credit card interest rate at the moment is 7.8%. The credit card that offers 7.8% is Sainsbury's Nectar Low Rate Credit Card. One can find low interest credit cards from the Money Supermarket website.