Truist Bank Physician line of credit review

Whether you're pursuing your medical degree or already practicing medicine, Truist Bank's Physician Line of Credit can give you financial help. It's a simple, low-cost way to access money when you need it.

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General
APR: 12.25%
Interest: 12.25%
Loan commissions
Study commission: $ 0
Opening commission: $ 0
Commission for advance payment: $ 0
Loan limits
Minimum amount: $ 5,000
Maximum amount: $ 100,000
Minimum of months: 12
Maximum of months: 60

Physician line of credit Info

Firstly, you don't have to be a Truist Bank customer to apply for the Physician line of credit. Although this financial instrument does not include pre-qualification, you can contract it in person by visiting one of their branches or using the online form.

Truist Bank lines of creditTo qualify and proceed, they require you:

  • Hard inquiry to see the rate.
  • FICO score of good to excellent (650+).
  • Credit history and information about your assets and debts.
  • Live in AL, FL, GA, IN, KY, MD, NJ, NC, NC, OH, PA, SC, TN, TX, VA, WV or DC.

This revolving loan is designed to cover your expenses when your finances can get complicated. Plus, it offers you advantages such as:

  • Greater flexibility with the interest-only option.
  • eSign feature for convenient processing.
  • Ability to choose the term and APR that works best for you.
  • Easy application that shows you options based on your needs.
  • Approval in just over 15 minutes and same day funding (business day).

Truist Bank's Physician line of credit allows you to better manage your finances while in school and gives you peace of mind in the event of an unforeseen event.

If you're not a doctor or medical student and need financing, Truist Bank also offers other ways to get money for any purpose, such as its personal line of credit or its Ready Now loan of up to $1,000.

Español: Línea de crédito para médicos del banco Truist