P
Pulsafi

Average Personal Loan APR (2026)

12.4%
Average personal loan APR (FICO 720+)
Summary

The average personal loan APR for borrowers with FICO 720+ is 12.4% in 2026; subprime borrowers (FICO under 660) average 24.8%. Personal loans are typically used for debt consolidation, with the average loan around $11,200 over 36-60 months. Total US personal loan debt is $245 billion.

Breakdown

FICO 720+ average APR12.4%
FICO 660-719 average APR17.3%
FICO under 660 average APR24.8%
Avg personal loan balance$11,200
Most common term36-60 months
Total US personal loan debt$245B
Source
Federal Reserve / Bankrate Survey· As of 2026-Q1

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All Pulsafi stats are sourced from primary government data and major financial institutions. Read the full methodology and data-sources page.