A: The maximum amount you can borrow with a personal loan depends on your creditworthiness and the lender’s policies. Loan amounts can range from a few thousand dollars to upwards of $100,000.
Q: What is the interest rate on a personal loan?
A: Interest rates on personal loans vary depending on your credit score, debt-to-income ratio, and other factors. Lenders typically offer a range of interest rates, so it’s important to compare offers from multiple lenders to secure the most favorable rate.
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