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Michigan Personal Loan Rate Trends

Track current and weekly average personal loan rates in Michigan, view interactive rate trend charts, and compare local MI aprs against the national average.

Personal Loan
11.570%
▲ 0.407 this week
As of Apr 1, 2026
Debt Consolidation
12.825%
▲ 3.260 this week
As of Apr 1, 2026

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Current Michigan Personal Loan Rate Trends

Personal Loan rates in Michigan rose 0.407 this week, pushing the Personal Loan average to 11.570%, up from 11.163% last week.

At 11.570%, Michigan’s average sits 0.488 above the current national average of 11.082%. This above-average spread may reflect local market conditions or regional lender competition in MI.

The Michigan personal loan rate averages on this page are calculated from our database of over 8,500 banks and credit unions actively operating across all 50 states. Our proprietary systems collect and verify rates daily — tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.

Michigan Personal Loan Rate Trends Chart

Daily average rates since March 15, 2026. State data shown where available; national average used as fallback. Hover to see exact rates.

As of Apr 1, 2026 • Data provided by MonitorBankRates.com

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About This Widget

Free embeddable iframe widget displaying live weekly average Michigan personal loan rates. Updates automatically each week. Compatible with any CMS or website builder.