answersLogoWhite

0


Best Answer

The interest rates depend on the the amount of the loans and the amount of time you are given to repay the loan. There are some jurisdictions that limit the annual percentage rate, it all depends on where you get the loan from.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do quick loans have high interest rates?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Cash advance loans rip you off with high interest rates.?

Cash advance loans rip you off with high interest rates.


How can one get a quick cash loan?

Quick cash loans are offered from many companies such as CashNetUSA and FastCash. One should accept these loans with caution, as there may be hidden conditions and high interest rates associated with these loans.


Do used car loans have high interest rates?

Whether your used car loan has a high interest rate depends on who you talk to or ask. Although, yes, used car loans have medium to high interest rates.


How can I get a cash loan without affecting my credit score?

There are numerous cash loan and pay day loans websites that offer quick loans without credit checks. Be careful of the quick cash loans or payday loans, because they can have extremely high interest rates.


When a car is repossessed does the borrower receive high interest rates on loans?

no


What bank in South Carolina offers the best rates on high risk loans?

CapitalOne offers loans to high risks individuals. The interest rates are higher than normal loans.


Is the interest rate high for asda loans?

ASDA loans are divided into two categories based on the amount borrowed. These categories are Little Loans and Personal Loans. The average interest rate is about 8% which is not bad but interest rates can be as high as 15% and more.


What's the interest rate on instant loans?

You can expect very high interest rates. In fact, some of these companies charge you interest rates upwards of 50%.


Do quick loan services offer good rates?

Quick loans are not set up to offer a good rate, they are there for people that have problems securing personal loans with a financial institution. The rate of quick loans are extremely high and often with high risks.


How did high interest rates affect savings and loans S and Ls in the 1980s?

S&L's were affected because interest rates increased. When the interest rates increased, loans were not being approved thusly becoming insolvent. This is what also caused the Ponzi scheme.


Do automobile loans have high interest rates because the loan are unsecured debt?

yes


What is the interest rate on Nationwide loans?

In the UK, the interest rates on loans vary from approximately 5.9% to as high as 24.9%. This of course depends on the size of the loan and how long it is for.