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What are personal loan interest rates at in the USA at the momment?

This is a discussion on What are personal loan interest rates at in the USA at the momment? within the Credit forums, part of the Main Category category; In Australia at current I can get around 7% interest on cash deposited in a savings account. I hear that ...





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Old 05-06-2008, 07:02 AM   #1
Junior Member
 
Join Date: May 2008
Posts: 17

In Australia at current I can get around 7% interest on cash deposited in a savings account.

I hear that in the USA, interest rates are low at the momment.


1. What are personal loan interest rates at in the USA at the momment?
2. If it's less than 7%, what stopping everone from borrowing in the USA and investing in Australia?
Sanai,

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