interest rate on private loans?

<p>for anyone who takes out private loans (specifically, nonfederal) or knows about it: </p>

<p>I'm trying to get a sense of what the average interest rate is for a private loan (with average credit, no fees, etc.)?? or a range/ballpark would be nice. I just want to make sure before I sign for one...</p>

<p>please, thank you!</p>

<p>It depends on your credit histry. It is usuellay
prime + 1% or
prime + 2.5% or
prime + 6%</p>