Banks Loan Offerings

To get good bank loan offers you really need to shop around. Aside from hitting all your local banks you want to check out the variety of offers on the Web. We have tracked down some of the most interesting offers for you:

• Lending tree .com offers mortgage loans at a 30 year fixed rate of 4.88% with an APR of 5.08%, 15 years at 4.13% and 4.36% and 5/1 adjustable rate 3.38% with 3.40% APR.

Note: We do not recommend taking an adjustable rate loan as mass inflation is most likely on the horizon. In the event of inflation, having a fixed rate mortgage protects you from paying more and more in the future when lending rates go up to combat inflation.

• Lending Tree credit card rates: Low Interest: 12.11%, Cash back: 12.57%, Balance Transfer 12.75%, Business 12.96%, Student: 13.77%, Airline: 14.43%, Reward: 14.47%, Instant approval: 18.41%, Bad credit; 20.32%

Note: We recommend using credit cards as a last resort for acquiring loan capital. The interest rates are ridiculously high, even the best rates. Banks are currently paying nothing to acquire money to lend, so why should you pay up to 20% on borrowed money from the bank? (Maybe the government should lend money directly to the people instead of the banks.)

You can find special loan offers at loan offers .com for home refinance, home equity, debt consolidation and home purchases. They offer what appears to be a brokerage service anywhere from 150,000 to 500,000 dollar loans (US only).

One of the greatest banks loan offer resources is bankrate.com. They offer a Web application to compare lending rates for mortgages, home equity, Cds, Credit Cards, Insurance and college financing. They also provide special loan offer calculators to calculate the monthly payment.