Released  March 14, 2019
By Megan Greuling

The LendingTree APR Trends is a forecast based on past offers made by personal loan lenders on our network. For these projections, we look back at the last 6 months of all personal loans offer data to ensure that we’re able to pick up on any relevant trends and volatility. We then run the data through a procedure for forecasting time series data that is based on an additive model where non-linear trends are fit with monthly seasonality and holiday effects. Along with that, we create a forecast confidence interval to account for short-term uncertainty in the personal loan rate environment. That all boils down to the graph you’re seeing with our APR projection for the next 1-3 months.