World Loan Rates
|Country||Inflation||GDP||Population||Interest Rate||Change||Currency||Last Updated|
|United Kingdom+Follow||2%||34,388||64,105,654||1.16%||-||GBP||Feb 2017|
|United States+Follow||1.5%||45,934||319,094,000||1.49%||-||USD||Feb 2017|
Floating and fixed rate lending and loan products are instruments of financing offered from banks/providers to consumers worldwide. While it is available to commercial/corporates it is importantly available to retail consumers to fund short term requirements (credit cards/personal loan), car purchases (car/auto loans), housing (mortgages) and investments (margin lending). The associated interest rate can be impacted by the central bank monetary policy.