Axos Bank Personal Loan for Major Purchases

Updated March 4, 2024.

Sometimes it happens that you have to face an important payment or an emergency and you don't want to dip into your savings. In this circumstance, Axos Bank's large purchase loan can be the lifesaver you are looking for because it gives you the funds in 1 or 2 business days and you don't need any collateral.

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General

APR:	8.42%
Interest:	8.42%

Loan commissions

Study commission:	$ 0
Opening commission:	$ 0
Commission for advance payment:	$ 0

Loan limits

Minimum amount:	$ 7,000
Maximum amount:	$ 50,000
Minimum of months:	36
Maximum of months:	72

Personal Loan for Major Purchases Info

The requirements to apply for a large purchase loan with Axos Bank are:

Open an online account on their website.
Be of legal age.
Have a SSN and be a citizen/permanent resident.

This financial product is available in all 50 U.S. states, preliminary offers do not impact your score and you can apply online in minutes.

With this free investment credit you have the following favorable features:

You get a low interest rate. The big difference between using a credit card and a personal loan is in the APR. Having fixed monthly payments at a lower cost gives you more freedom to use your income for other fixed expenses.
You only have to make one monthly payment. The advantage of a monthly payment is that you can track it without difficulty. You can do this through the Axos app or online banking, which is very convenient.
You know when you finish paying back the funds. Once you get the funds and set the repayment deadline, you already have a clear schedule of what your investment will look like. This allows you to be more organized, set payment goals and adjust your budget when necessary.

Axos Bank's personal loan for Major Expenses is a solution whether you have money in an emergency fund or not. With this entity you can also access a loan for Home Improvements, another to consolidate debts and also auto loans to refinance.

Español: Préstamo grandes compras de banco Axos