Quick answer
The average interest rate on a 24-month personal loan at US commercial banks was 11.90% in the period beginning 2026-08-01, per the Federal Reserve's G.19 consumer credit release. This is published data, not a quote or advice.
Data as of 2026-08-01. Source: Federal Reserve G.19 via FRED
| Date | 24-month personal loan APR |
|---|---|
| 2026-08-01 | 11.90% |
| 2026-05-01 | 11.86% |
| 2026-02-01 | 11.36% |
| 2025-11-01 | 11.63% |
| 2025-08-01 | 11.14% |
| 2025-05-01 | 11.57% |
| 2025-02-01 | 11.66% |
| 2024-11-01 | 12.32% |
| 2024-08-01 | 12.33% |
| 2024-05-01 | 11.92% |
| 2024-02-01 | 12.49% |
| 2023-11-01 | 12.35% |
| 2023-08-01 | 12.17% |
| 2023-05-01 | 11.48% |
| 2023-02-01 | 11.48% |
| 2022-11-01 | 11.21% |
| 2022-08-01 | 10.16% |
| 2022-05-01 | 8.73% |
| 2022-02-01 | 9.39% |
| 2021-11-01 | 9.09% |
| 2021-08-01 | 9.39% |
| 2021-05-01 | 9.58% |
| 2021-02-01 | 9.46% |
| 2020-11-01 | 9.65% |
Related
- 10-year Treasury yield today
- Average car loan interest rate (new car, 60 and 48 months)
- Federal funds target rate (upper limit)
- Bank prime loan rate today
Last updated 2026-10-16. Data only, not financial or tax advice.