When looking for a personal loan, personal loan rates become of major importance. Our website takes a look at personal loan rates. If there is one factor that is most important on personal loans, it's the loan rate.

Personal loan rates are variable. The most common factors that affect personal loan rates are:

• Repayment history. If you have been missing payments on other loans, expect to pay more on your personal loan.
• Your credit in use. If you are "maxed out" you will have to pay more than those who are being responsible in their use of credit.
• Your employment and pay. The more you earn and the longer you've been on the job, the better.

Lenders only make money if they get re-paid. For that reason, you can expect any prospective lender to be very interested in your repayment history and credit rating. There are bad credit personal loans available, but you will pay a lot in interest.