Brian McKay
Brian McKay
Co-Founder & Lead Data Architect- Automated Online Rate Data Aggregation
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Average Debt Consolidation Loan Rate Rises to 11.004% While Personal Loan Rate Holds Steady at 11.137%
Debt consolidation loan rates rose 0.023 percentage points to 11.004% between November 4 and November 10, while personal loan rates held steady at 11.137% APR and signature loan rates held steady at 11.350%. A personal loan's rate is fixed once the loan is signed.
Average debt consolidation loan rates rose 0.023 percentage points to 11.004% APR between November 4 and November 10, from 10.981%, on a pool of 167 institutions. Average personal loan rates held steady at 11.137%, from 11.140%, and rates on signature loans held steady at 11.350%, from 11.348%.
Key takeaways
- Debt consolidation loan rates rose 0.023 percentage points to 11.004% APR, from 10.981% on November 4, on 167 institutions and 322 rates.
- Personal loan rates held steady at 11.137%, from 11.140%, on 1,643 institutions and 3,953 rates; signature loan rates held steady at 11.350%, from 11.348%.
- The Federal Reserve held its target range at 3.75% to 4.00% on October 28; a personal loan's rate is fixed once the loan is signed.
- Borrowing $15,000 over 48 months at the 11.137% personal loan average runs about $388.68 a month, with roughly $3,657 in total interest.
Debt consolidation loan rates rose 0.023 percentage points to 11.004% on a pool of 167 institutions
Personal loan rates by category, national average APR since April 13
Average APRs from MonitorBankRates.com's nightly collection, the same series this report's figures come from, updated daily.
Debt consolidation loan rates averaged 10.498% on September 30, 10.674% on October 14, 10.821% on October 22, 10.994% on October 29, 10.981% on November 4 and 11.004% on November 10, from 167 institutions and 322 rates, the smallest pool of the three categories. With a pool that size, a few institutions entering or leaving can move the average. The rate any borrower is offered in these categories depends on credit profile.
Personal loan and signature loan rates held steady
Personal loan rates averaged 10.998% on September 30, 11.044% on October 14, 11.098% on October 22, 11.153% on October 29, 11.140% on November 4 and 11.137% on November 10, from 1,643 institutions and 3,953 rates. Signature loan rates averaged 11.163%, 11.291%, 11.252%, 11.333%, 11.348% and 11.350% on the same dates, from 904 institutions and 2,162 rates.
Change since November 4, by loan category (percentage points)
This report's averages, November 4 to November 10. Red bars rose; green bars fell.
Personal loan APRs by category, November 4 and November 10
| Loan Category | November 4 APR | November 10 APR | Change Since November 4 |
|---|---|---|---|
| Signature Loans ▲Unsecured, based on your signature and credit | 11.348% | 11.350% | ▲ +0.002 |
| Personal Loans ▼The main category; deepest lender pool | 11.140% | 11.137% | ▼ -0.003 |
| Debt Consolidation Loans ▲Loans marketed for combining balances; small reporting pool | 10.981% | 11.004% | ▲ +0.023 |
| Compare live offers: all personal loan rates · signature loans | |||
| All APRs are national averages of what real licensed lenders are actually quoting to borrowers, not promotional teaser rates or rate aggregator estimates. This comparison runs November 4 to November 10, 2026. The debt consolidation category draws from a small reporting pool. Source: MonitorBankRates.com. | |||
Personal loan averages compared with October 14
Personal loan rates averaged 11.044% on October 14 and 11.137% on November 10, a difference of 0.093 percentage points. Signature loan rates went from 11.291% to 11.350%, a difference of 0.059 percentage points, and debt consolidation loan rates from 10.674% to 11.004%, a difference of 0.330 percentage points. The Federal Open Market Committee's target range has been 3.75% to 4.00% since September 16, and the October 28 meeting left it unchanged. A personal loan's rate is fixed once the loan is signed, so a change in the average reaches only offers on loans not yet signed.
Monthly payment on a $15,000, 48-month personal loan at the November 10 averages
At the 11.137% personal loan average, borrowing $15,000 over 48 months runs about $388.68 a month with roughly $3,657 in total interest. At the 11.350% signature loan average the same loan runs about $390.24 a month. The debt consolidation calculator compares paying off several balances with one new loan, and the budget calculator sets monthly income against expenses to show what a loan payment leaves; both start from today's average rates, computed daily from more than 8,000 banks and credit unions, and state figures can be loaded. Borrowers comparing local lenders can line up Georgia personal loan rates against these national averages, and category history is on our personal loan rate trends page.
Personal loan averages on November 10
Signature loans average 11.350%, personal loans 11.137%, and debt consolidation loans 11.004%. The rate an individual borrower is offered depends on credit profile, loan term, and lender.
Data Coverage & Methodology
All APRs in this report are calculated from rates collected directly from institution websites by MonitorBankRates.com's proprietary systems, tracking what real licensed lenders are actually quoting to borrowers, not promotional teaser rates or rate aggregator estimates.
As of November 10, 2026, these averages were calculated from 6,437 individual rates verified across the three categories; the latest collection ran November 9, 2026. The table below shows how many lenders reported rates in each category.
| Loan Category | Institutions | Rates Verified |
|---|---|---|
| Personal Loans | 1,643 | 3,953 |
| Debt Consolidation Loans | 167 | 322 |
| Signature Loans | 904 | 2,162 |
| Total | 6,437 |
Category counts overlap because a lender's products can match more than one category.
This report is for general information and is not financial advice. The APR any borrower receives depends on credit profile, loan term, and lender; confirm current offers with lenders before making decisions.
