Average rates · what changed
What changed in average loan rates
The second quarter of 2026
The latest figures from the Federal Reserve, published here 2 October 2026.
- 24-month personal loan 11.86%, up 0.50 points from 11.36% $45 more interest on $8,000 over 24 months
- 60-month new car loan 7.14%, down 0.39 points from 7.53% $277 less interest on $25,000 over 60 months
- 72-month new car loan 6.97%, down 0.56 points from 7.53% $681 less interest on $35,000 over 72 months
- Credit card 22.15%, up 0.63 points from 21.52% $47 more interest on $4,000 over 36 months
Every quarter, side by side
Each box is the change from the quarter before, with the average rate under it.
Went upCame downDarker is a bigger move
| Quarter | Personal 24 mo | New car 60 mo | New car 72 mo | Card |
|---|---|---|---|---|
| Q2 2026 | +0.50 +$45 11.86% | −0.39 −$277 7.14% | −0.56 −$681 6.97% | +0.63 +$47 22.15% |
| Q1 2026 | −0.27 −$24 11.36% | +0.29 +$206 7.53% | +0.03 +$37 7.53% | −0.78 −$58 21.52% |
| Q4 2025 | +0.49 +$44 11.63% | −0.40 −$285 7.24% | −0.30 −$367 7.50% | −0.53 −$40 22.30% |
| Q3 2025 | −0.43 −$38 11.14% | −0.03 −$21 7.64% | +0.07 +$86 7.80% | +0.58 +$43 22.83% |
| Q2 2025 | −0.09 −$8 11.57% | −0.37 −$265 7.67% | −0.43 −$529 7.73% | +0.34 +$25 22.25% |
| Q1 2025 | −0.66 −$59 11.66% | +0.22 +$158 8.04% | +0.49 +$602 8.16% | −0.89 −$66 21.91% |
| Q4 2024 | −0.01 −$1 12.32% | −0.58 −$417 7.82% | −1.09 −$1,346 7.67% | −0.57 −$43 22.80% |
| Q3 2024 | +0.41 +$37 12.33% | +0.20 +$144 8.40% | +0.44 +$546 8.76% | +0.59 +$44 23.37% |
In dollars: the change in total interest on one example loan at each quarter's average. Personal 24 mo: $8,000 over 24 months; New car 60 mo: $25,000 over 60 months; New car 72 mo: $35,000 over 72 months; Card: $4,000 over 36 months.
Source: Federal Reserve G.19 Consumer Credit release, terms of credit at commercial banks. Moves are in percentage points. Averages across banks, not offers from any lender. Follow along by RSS or read the figures as data. How we use them.