How much are you paying for loan interest?

[bmc]

---

Members do not see this ad.

I got a bank that pretty much offers to charge me at prime which is around 4.5%. Is this a pretty good deal I think?

 

[YouDontKnowJack]

that is not prime rate. prime rate is 7% last i checked.

most private loans give prime rate as their best rate.

 

[bmc]

oh i forgot to mention actually..im in Canada. prime is about 4.5%. 7% in the US?! wow

that is not prime rate. prime rate is 7% last i checked.

most private loans give prime rate as their best rate.