Private Student Loan Rates: July 1, 2024—Loan Rates Decrease [Forbes]
NerdWallet, Inc. (NRDS)
Company Research
Source: Forbes
For many borrowers, that means rates continue to be low enough to make private student loans a decent option, especially if you have good credit. The average fixed interest rate on a 10-year private student loan was 7.87% from June 24 to June 29. That's for borrowers with a credit score of 720 or higher who prequalified on Credible.com's student loan marketplace. The average interest rate on a five-year variable-rate loan was 11.31% among the same population, according to Credible.com. These rates are accurate as of June 24, 2024. Related: Best Private Student Loans Fixed-rate Loans Last week, the average fixed rate on 10-year loans dropped by 0.10% to 7.87%. The week prior, the average stood at 7.97%. Borrowers currently in the market for a private student loan will receive a higher rate than they would have at this time last year. At this time last year, the average fixed rate on a 10-year loan was 7.21%, 0.66% lower than today's rate. Let's say you financed $20,000 in
Show less
Read more
Impact Snapshot
Event Time:
NRDS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NRDS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NRDS alerts
High impacting NerdWallet, Inc. news events
Weekly update
A roundup of the hottest topics
NRDS
News
- The US economy added more jobs than expected last month as unemployment surprisingly rose [Business Insider]Business Insider
- The best credit cards for vacation and travel savings [Yahoo! Finance Canada]Yahoo! Finance Canada
- The best credit cards for vacation and travel savings Thu, Jul 4, 2024, 2:30 PM GMT+2 0 Video Transcript Advertisement Up next Mortgage rates rise after five-week decline Wed, Jul 3, 2024, 8:30 PM GMT+2 2 Video Transcript Advertisement Up next AdvertisemeAcquire Media Monitor
- Here's what I wish I'd known before canceling my Chase Sapphire Preferred [USA TODAY]USA TODAY
- You can get a car with a bad credit score, but it could cost $10,000 more [USA TODAY]USA TODAY
NRDS
Earnings
- 4/25/24 - Beat
NRDS
Sec Filings
- 7/3/24 - Form 4
- 7/3/24 - Form 144
- 7/2/24 - Form 144
- NRDS's page on the SEC website