borrowing rate

Debt interest percentage

A borrowing rate is the interest rate charged on a loan—what it costs to use someone else's money.

Banks advertise borrowing rates for mortgages, car loans, and credit cards.

The term distinguishes from lending rates, which institutions earn on money they loan out: The Fed's decision pushed borrowing rates higher.

Related

interest payment · credit unions · risk premium · central banks · banking regulations · monetary policy · easy money · tight credit · debt servicing · yield curve · debt ceiling · consumer protection laws · financial institutions · subprime lending · loan shark · APR · economic growth · investment firms

Categories
Opposites
financial transaction direction

borrowing ratelending rate

Cost of borrowed money

savings rate · deposit rate

rate level

borrowing rateinterest-free

No added cost for borrowing

zero interest · prime rate

Family

borrow, borrower, borrowers, borrowing, borrowings, borrowed, rate, rates, rated

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Top 50,000
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Used worldwide · Timeless · Abstract · Rated G