Santander Personal Loans review

Updated

Most banks offer personal financing for those who meet their requirements. If you are looking for extra money, Santander Bank offers you its personal loan, which will help you get out of trouble and you have up to 7 years to pay it back.

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General
APR: 6.99%
Interest: 6.99%
Loan commissions
Study commission: $ 0
Opening commission: $ 0
Commission for advance payment: $ 0
Loan limits
Minimum amount: $ 5,000
Maximum amount: $ 50,000
Minimum of months: 36
Maximum of months: 84

Santander Personal Loans Info

Santander Bank personal loanAmong the basics to qualify for a Santander personal loan are several requirements. First and foremost, you must reside in Connecticut, Delaware, Florida, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania or Rhode Island.

It is also important that you activate automated payments (ePay) from a checking account at any bank and meet the credit assessment.

There are several things that characterize this consumer credit. For starters, you can get the funds the same day depending on the time of application, your credibility and the instructions you set.

This product does not require an origination fee, includes on-the-spot pre-qualification without impacting your score, and if you enable ePay, you get a 0.25% discount on the APR.

As with this bank's financial instruments, it has an initial online application process known as EZApply. This service is designed for you to:

  • Review the assigned interest rate without commitment and without affecting your credit score.
  • Sign the documents online and get the money as soon as possible, even the same day.

While this financing can be used to consolidate debts, pay expenses, resolve emergencies or other legal purposes, it is not possible to use it to pay for studies beyond high school.

Our impression is that the Santander Bank personal loan has all the conditions for you to obtain the capital you need so much. If it's more difficult than it seems, you can always rely on Busconomico's extensive database to find what's best for you.

Español: Préstamo personal del banco Santander