Illinois Personal Loan Rate Trends
Track current and weekly average personal loan rates in Illinois, view interactive rate trend charts, and compare local IL aprs against the national average.
Current Illinois Personal Loan Rate Trends
Personal Loan rates in Illinois fell 0.024 this week to 10.746%, down from 10.770% last week.
At 10.746%, Illinois’s average sits 0.133 below the current national average of 10.879%. IL borrowers may have a competitive advantage relative to the national market.
The Illinois personal loan rate averages on this page are calculated from 348 verified personal loan rate quotes collected across 104 banks and credit unions actively operating in Illinois. Our proprietary systems collect and verify rates daily — tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.
Illinois 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.
Illinois personal loan rate averages compiled from 348 current rate quotes across 104 banks and credit unions operating in IL — updated daily.
As of May 22, 2026 • Data provided by MonitorBankRates.com
Historical Personal Loan Rate Trends in Illinois
Quarterly average personal loan rates at credit unions headquartered in Illinois, 1994–present. Different methodology from the daily chart above — this series reflects portfolio rates self-reported to NCUA each quarter.
Based on reporting credit unions in Illinois (latest quarter).
Source: MonitorBankRates.com analysis of NCUA Call Report data, 1994–present.
Quarterly weighted averages calculated from credit union rate filings, weighted by personal loan portfolio balance.
