Minnesota Personal Loan Rate Trends
Track current and weekly average personal loan rates in Minnesota, view interactive rate trend charts, and compare local MN aprs against the national average.
Current Minnesota Personal Loan Rate Trends
Personal Loan rates in Minnesota fell 0.173 this week to 10.367%, down from 10.539% last week.
At 10.367%, Minnesota’s average sits 0.305 below the current national average of 10.672%. MN borrowers may have a competitive advantage relative to the national market.
The Minnesota personal loan rate averages on this page are calculated from 109 verified personal loan rate quotes collected across 43 banks and credit unions actively operating in Minnesota. Our proprietary systems collect and verify rates daily — tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.
Minnesota 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.
Minnesota personal loan rate averages compiled from 109 current rate quotes across 43 banks and credit unions operating in MN — updated daily.
As of May 3, 2026 • Data provided by MonitorBankRates.com
Historical Personal Loan Rate Trends in Minnesota
Quarterly average personal loan rates at credit unions headquartered in Minnesota, 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 Minnesota (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.
