The rates of interest offered by financial institutions significantly impact borrowers and savers. In particular, Freedom Financial offers a range of interest rates on different financial products, which can vary based on factors such as creditworthiness, loan term, and market conditions. It’s essential for individuals to compare these rates to make informed financial decisions.

Key Factors Influencing Interest Rates:

  • Credit Score: A higher credit score typically results in lower interest rates.
  • Loan Term: Shorter loan terms often come with lower rates compared to longer ones.
  • Economic Trends: Interest rates are also affected by the broader economic climate, including inflation and central bank policies.

"Understanding the dynamics of interest rates can help consumers secure more favorable terms and manage their financial goals effectively."

Below is a comparison of typical Freedom Financial interest rates for various products:

Financial Product Interest Rate Term
Personal Loan 5.99% - 24.99% 1 - 5 years
Home Loan 3.25% - 7.50% 10 - 30 years
Credit Card 12.99% - 24.99% Revolving