Best Personal Loans from US bank of October 2024

We have found 3 personal loans from US bank. Compare offers and loan types to find the best one for you.

Updated October 11, 2024

See all US bank personal loans in October 2024

Showing 3 loans
APR
7.74 - 20.24 %
with Autopay
Term
1 - 7years
Loan amount
$1,000 - $50,000
  • Minimum credit:
    scorer
    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 - 7years
Loan amount
$1,000 - $50,000
  • Minimum credit:
    scorer
    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 - 7years
Loan amount
$1,000 - $50,000
  • Minimum credit:
    scorer
    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.
4.68 out of 5

Check US bank personal loan rates

scorer
APR Range
8.24 - 20.74%
scorer
Loans
up to $50,000
scorer
Terms
up to 84 months
scorer
Score required:
Fair (580-669)
scorer
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

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
LightStream
Personal Loan
5 out of 5
Recommended credit score
bank name
Fair (580-669)
  • 5.99 - 21.49 %
    APR
  • 2 - 6 years
    Loan Term
  • $5,000 - $100,000
    Loan Amount
Check rates
On partner's site
Marcus by Goldman Sachs
Marcus by Goldman Sachs
Personal Loan
4.13 out of 5
Recommended credit score
bank name
Fair (580-669)
  • 6.99 - 24.99 %
    APR
  • 3 - 6 years
    Loan Term
  • $3,500 - $40,000
    Loan Amount
Check rates
On partner's site
Upstart
Upstart
Personal Loan
3.77 out of 5
Recommended credit score
bank name
Poor (300-579)
  • 5.6 - 35.99 %
    APR
  • 3 - 5 years
    Loan Term
  • $1,000 - $50,000
    Loan Amount
Check rates
On partner's site