Everything You Need To Know About Loans
|  Loan Dictionary  |    |  

  Prime Rate Definition
Prime Rate The interest rate that is charged by banks to A-credit clientele is referred to as the prime rate. Many financial institutions will use the prime rate as a guideline for determining what rates they assess to their credit cards and home equity loans. The prime rate usually changes according to the changes that the Federal Reserve makes in monetary policy.

    Next Steps: Read Money Saving Loan Advice and Find Lenders with the LOWEST Loan Rates.
Mortgage Loans Home Refinancing Home Equity Loans Vehicle Loans Auto Refinancing

Home Loans & Car Loans Search

Home Refinancing | Home Mortgages | Home Equity Loans & Line of Credit | Auto & Motorcycle Loans | Auto Refinance Loans
Home - Loans | About EchoBay Loans | Loan Advice | SitemapCredit Report Help CenterDefinition Dictionary

Copyright© 2008, EchoBay Loans Company
Mortgage Refinancing Home Loans Home Equity Loans Auto & Motorcycle Loans Auto Refinancing Credit Reports