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Fair ~ High: 81°F ~ Low: 55°F Wednesday, May 23, 2012 |
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Interest RatesPosted Monday, March 17, 2008, at 10:29 PM
What do you think a sensible and sustainable interest rate should be for anyone with a decent credit rating borrowing, say $10,000, from a bank?
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Bo Melson is a retired sports and police beat editor of the Times-Gazette.
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3.75%
Anywhere from 7.99 to 9.99
I think it should be lower, especially for a credit score of above 650, but most banks wouldn't agree with me.
6.5%