How Interest Rate Hikes Affect Personal Loan Investors – SmartAsset
Some peer-to-peer lending platforms may respond to federal funds rate hikes by raising their own interest rates. If you’re investing in personal loans, that
Back in the day, if you needed a personal loan to start a business or finance a wedding you had to go through a bank. But in recent years, a new option has appeared and transformed the lending industry. Peer-to-peer lending … Continue reading →
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In December 2015, the Federal Reserve raised the federal funds rate by a quarter of a percentage point. That was the first time the Fed had raised rates in nearly a decade. While federal funds rate changes don’t directly impact … Continue reading →
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