Disclaimer

General information only

Everything on TrustCedar is general information for adults in the United States who want to understand personal loans and the rates around them. It is written for no one in particular and does not take your income, debts, credit history or goals into account.

Not advice

TrustCedar does not give financial, legal, tax or investment advice. Our pages describe how rules and markets work; they do not tell you what to do. For a decision that depends on your situation, such as borrowing against a retirement plan, the tax treatment of a family loan or a dispute with a lender, talk to a qualified professional who can review your facts. Nothing on the site is a recommendation to buy or sell any security or fund.

The rate board shows benchmarks, not offers

The rate board lists published averages and policy rates, each with its date and source. The 24-month personal loan figure, for example, is an average of rates reported by commercial banks to the Federal Reserve for one week of a quarter. Your rate depends on the lender and on your application, and it can be far above or below any average. The board is updated by hand and is not live, so a figure can be days, weeks or a quarter old. Its date tells you which.

Calculator results are examples

The calculators show what the numbers you enter produce under the assumptions on How the numbers work: fixed rates, monthly interest, no taxes or insurance. A result is not a quote, a payment a lender has agreed to, or a prediction of what you will pay.

Market signals are not forecasts

When we write about what the Federal Reserve, inflation or the job market may mean for borrowing costs, we report what was published and on what date, including official projections. Projections change, and no one can say for certain where rates will go.

Lenders make the decisions

TrustCedar is not a lender, a bank or a trust company, and it does not make credit decisions. If you send a loan request, any offer comes from a lender or loan broker on its own terms. Read the lender’s Truth in Lending disclosure, which shows the APR, the finance charge and the total of payments, before you sign. Check the company’s license as described on the licensing page.

Check the official source

Every figure on our pages names its source. Before you rely on one, open that source and check whether it has been updated since our check date. For rules about credit, the Consumer Financial Protection Bureau (consumerfinance.gov) and your state’s financial regulator are the authorities, not TrustCedar.

Links to other sites

Links to other websites are for sources and further reading. We do not control those sites and do not endorse their products.

If something on the site looks wrong, please tell us through the contact page.