Reviews, evaluations and opinions of our experts on the products and services that appear on this page are totally objective and independent. Some products may be from our partners who compensate us, which may influence where and how they are displayed. Advertising disclosure.
Regions Bank, an institution with 50 years of history, although it was the result of the merger of entities with more than 100 years, is a well-established bank in the United States and with a long history in the field of financing for individuals and businesses.
Within the financing offered by this bank we find its personal loans and lines of credit, with which you can get money for multiple purposes and needs.
Currently you can find a complete catalog of secured and unsecured loans, which allow you to have up to $300,000 in the secured mode and up to $100,000 in the unsecured mode.
If you want to have a fund to use when you need it and only pay interest on the balance drawn, then your best option is a line of credit, or a credit card, which Regions Bank also offers several.
To get the money all at once, the option is a personal loan, which allows you to have the amount you want to use to buy a car, make home improvements, travel, plan a wedding or any other need you may have.
To contract a loan with Regions Bank you must reside in one of the U.S. states in which it offers its services and has offices: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas.
What personal loans does Regions Bank offer?
Whether you are looking for a secured or unsecured loan, both on Busconómico and on Regions Bank website, you will find the most relevant details of these banking products. In its catalog there are options for different needs, such as:
- Unsecured loan. You can use it for general purposes, it does not require collateral, it starts with a low interest rate and you can request it by phone if you have an open account with Regions Bank with this institution.
- Secured Installment Loan. It is recommended for those who wish to purchase or renovate a recreational vehicle (RV). There are several plans depending on your profile and it has a fixed interest rate.
- Deposit Secured Loan. If you have a CD or a savings/money market account with this bank, you can put your money as collateral for quick financing.
Additionally, this bank distinguishes itself by giving you:
- Different free resources to make your experience fast and easy.
- Personalized service through different channels and with trained personnel.
- The convenience of mobile/digital banking and bill pay to manage your financing.
What requirements do I need to apply for a Regions loan?
We can assume that the eligibility criteria for a Regions Bank loan are not much different than other financial institutions. In addition to a good-to-excellent score, you're going to need to:
- Be 18 years of age or older
- Personal information and financial data
- Have permanent residency or citizenship.
How to apply for a Regions Bank loan?
According to Regions Bank, they want to make it as convenient as possible for you. Because they reward your loyalty, being a Regions Bank customer gives you the power to enjoy faster online processing. Instead, you will have to visit one of their branches in the 15 states where they operate.
Español: Préstamos personales de Regions Bank