Best Personal Loans from US bank of November 2024
We have found 3 personal loans from US bank. Compare offers and loan types to find the best one for you.
Updated November 17, 2024
See all US bank personal loans in November 2024
Showing 3 loans
Lender
APR
Term
Loan amount
Apply
APR
7.74 - 20.24 %with Autopay
Term
1 - 7yearsLoan amount
$1,000 - $50,000
- Minimum credit:
Fair (580-669) - Autopay discount:0.5%
- Origination fee:No origination fee.
- Funds available in:1 business day.
- Loan Purpose:Personal Loan
- Pros:
- Simple application process
- Autopay discount
- Cons:
- No option to pre-qualify
If you’re a U.S. Bank customer, you may borrow at least $1,000 up to $50,000. Not a U.S. Bank customer? You may be able to borrow up to $25,000.
The APR range is from 7.74% to 20.24%. Loan terms are available for 12 or 84 months.
APR
7.74 - 20.24 %with Autopay
Term
1 - 7yearsLoan amount
$1,000 - $50,000
- Minimum credit:Fair (580-669)
- Autopay discount:0.5%
- Origination fee:No origination fee.
- Funds available in:1 business day.
- Loan Purpose:Home Improvement Loan
- Pros:
- Simple application process
- Autopay discount
- Cons:
- No option to pre-qualify
If you’re a U.S. Bank customer, you may borrow at least $1,000 up to $50,000. Not a U.S. Bank customer? You may be able to borrow up to $25,000.
The APR range is from 7.74% to 20.24%. Loan terms are available for 12 or 84 months.
APR
7.74 - 20.24 %with Autopay
Term
1 - 7yearsLoan amount
$1,000 - $50,000
- Minimum credit:Fair (580-669)
- Autopay discount:0.5%
- Origination fee:No origination fee.
- Funds available in:1 business day.
- Loan Purpose:Debt Consolidation Loan
- Pros:
- Simple application process
- Autopay discount
- Cons:
- No option to pre-qualify
If you’re a U.S. Bank customer, you may borrow at least $1,000 up to $50,000. Not a U.S. Bank customer? You may be able to borrow up to $25,000.
The APR range is from 7.74% to 20.24%. Loan terms are available for 12 or 84 months.
For example, if you apply for a 2-year $5,000 personal loan with an interest rate of 15% and an origination fee of 5% you would receive $4,750 and make 24 payments of $242.43. The total amount paid would be $5,818.
Check US bank personal loan rates
APR Range
8.24 - 20.74%
Loans
up to $50,000
Terms
up to 84 months
Score required:
Fair (580-669)
Loan purposes:
Personal Loan, Home Improvement Loan, Debt Consolidation Loan
Information about bank
- Organisation:US bank
- Website:
- Headquarters:U.S. Bancorp Center 800 Nicollet Mall Minneapolis, MN 55402 - 7014
- Online and Mobile Banking:
- Personal Banking General:
- Checking and Savings:
- Home Mortgage:
US bank Personal loans Pros&Cons
Pros:
- Quick access to funds. The typical waiting time for personal loans is 1 - 5 days, but with US Bank, your account is credited within one business day after finalizing the application.
- Competitive APR. The lowest possible APR you can get with US Bank is 5.99%. This rate is competitive, considering the industry’s average for excellent credit is between 10.3% and 12.5%. Furthermore, the bank’s highest APR is 18.49%, while others can charge 28.5% - 32.0%.
- Rate discount. You can get a 0.5 percentage points discount on your rate provided you set up autopay.
- Flexible loan amount. With a loan amount ranging from $1,000 to $50,000 (for existing customers), you can meet a wide range of personal needs, whether big or small.
Cons:
- Lack of prequalification. A hard credit check is required if you want to see your rates.
- Penalty for early payment. If you pay off the loan within one year, you’ll be charged a prepayment penalty.
- May need to close in person. If US bank approves your loan, you may need to visit a branch to finalize the application process. Depending on where you live, this in-person visit can be a nuisance.
Check loans from other lenders
LightStream
Personal Loan
Recommended credit score
Fair (580-669)
- 5.99 - 21.49 %APR
- 2 - 6 yearsLoan Term
- $5,000 - $100,000Loan Amount
Check rates
On partner's site
Marcus by Goldman Sachs
Personal Loan
Recommended credit score
Fair (580-669)
- 6.99 - 24.99 %APR
- 3 - 6 yearsLoan Term
- $3,500 - $40,000Loan Amount
Check rates
On partner's site
Upstart
Personal Loan
Recommended credit score
Poor (300-579)
- 5.6 - 35.99 %APR
- 3 - 5 yearsLoan Term
- $1,000 - $50,000Loan Amount
Check rates
On partner's site