Unsecured Personal Loan Info
An interesting aspect of the Regions unsecured loan is its partnership with the Avant online financing platform. This allows you to process your application in minutes, submit scanned documents and receive approval within hours.
Plus, depending on the timing of the approval, you can receive the funds in your account the same day.
You already know that to apply for an unsecured loan, you don't have to justify what you are going to use the funds for. Of course, you cannot use them for illegal activities, gambling or other uses not endorsed by this institution.
If your intentions are legal, you can get up to 25% of your gross annual income by applying at a branch.
Be advised that the lower APR is only available to those with an excellent FICO score and history. If you want to receive a 0.25% interest rate discount, you must activate automatic payment on your Regions checking account, have an eligible term, and apply for financing in excess of $10,000.
Although there is no origination fee, you should be aware that you may be charged a late payment fee of $100 or less of 5% of the amount. This financing has no check processing, NFS/non-funding or prepayment fees.
Regions Bank's unsecured personal loan can be made online (customers), over the phone or at a branch (customers and non-customers). It's a simple, streamlined and convenient process depending on your needs.
If you want to compare more options, you can check other loans reviews, like the Fifth Third Bank loans or the U.S. Bank personal loans, among many others.
Español: Préstamo no asegurado de Regions Bank