Skip to content

SuperMoney: Budgeting AI

Financial calm, Finally.

Get
Home

Interest Rates

Interest rates are the cost of borrowing money, and are typically expressed as a percentage of the amount borrowed. Interest rates are set by central banks and other financial authorities, and are used to influence the demand for credit and the level of economic activity in an economy. Continue Reading Below

Content Types

  • Industry Studies
  • About Topic

Related Topics

Industry Studies

2026 Average Personal Loan Interest Rate Study Thumbnail

2026 Average Personal Loan Interest Rate Study

Miron Lulic

About Interest Rates

Interest rates are the cost of borrowing money, and are typically expressed as a percentage of the amount borrowed. Interest rates are set by central banks and other financial authorities, and are used to influence the demand for credit and the level of economic activity in an economy.