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In the United States there is a consolidated culture of financing that for generations has contributed to the development of this nation. Within this spirit are the personal loans from M&T Bank, which want to give you the opportunity to obtain monetary liquidity to improve your life, solve emergencies and more.
In Busconómico you will find an overview of the offerings of this bank and when you check their website, you will find 2 options:
Secured loans from M&T Bank
If you have funds in an account with this institution, you can take advantage of them. That is, you can use them as collateral to obtain financing and take care of those more urgent priorities.
In addition to helping you with your credit score and getting approved quickly, these secured loans stand out because of:
- Fixed and competitive rates
- Offering you loyalty discounts for eligible checking accounts
- Giving you 100% of what you have in a savings account or CD with this bank
Unsecured loans
This type of financing allows you to obtain funds without the need for collateral. That's why they are the most used to consolidate debts, meet medical expenses, pay bills, make large purchases, among others.
With fast approval, a competitive interest rate and a maximum amount of up to $50,000, they look like a good alternative.
You may be interested in: Truist Bank Loans
Requirements to apply for a loan from M&T Bank
Although you don't have to be a client of this financial institution to apply for an unsecured loan, the most complicated eligibility criteria are related to your credit history. The rest can be summarized as follows:
- Age of majority (18+)
- Social Security Number
- Proof of current address
- Employment and financial data
- Green card or U.S. citizenship
- Residency in one of the states where this entity operates
How do I apply for a loan from M&T Bank?
Fortunately, the processing of these banking products has become more streamlined over time. Today, you can choose to go to your nearest branch to apply for an M&T loan. But if you prefer another alternative, you can also process online and through your favorite devices.
Español: Préstamos personales del M&T Bank