What types of loans offer the lowest interest rates?

If you need to take out a loan, one of the biggest factors to consider is the interest and APR rate. Those rates will determine the size of your monthly repayments and what the loan costs you overall.
With an unsecured loan, as you’ll find above, your personal credit rating and the time you’ll take to repay the loan are key in determining the rate you’ll pay. Come with an excellent credit score and the best low interest loans could be available to you. And, broadly speaking, the longer the term of the loan, the lower the interest rate you’ll usually pay (whilst remembering that extending the term of a loan will increase the overall cost).