How to apply for Citizens Bank Personal Loan
Learn how to apply for Citizens Bank's personal loans and receive funds of up to $50,000 that will promptly transform your life.
Get up to $50,000 to improve your life and repay it within 5 years with Citizens Bank personal loans.
Whether you need to pay off high debt, start a new business, or gain qualifications, Citizens Bank has you covered.
Who is eligible for Citizens Bank personal loans?
Citizens Bank personal loans are available to US residents who are at least 18 years old and have a positive credit history and sufficient income for loan repayment.
When considering loan applications, the bank takes into account factors such as debt-to-income ratio, credit score, and income. In certain cases, collateral may be required to secure the loan.
Apply for a Citizens Bank personal loan from the comfort of your home
If you meet all the requirements for a Citizens Bank personal loan, you can apply for it from your own computer or phone. Just follow these simple steps:
- Visit the Citizens Bank website and click on the “Personal Loans” option in the menu bar.
- Scroll down to the “Apply Now” section and click on the green “Get Started” button.
- Enter your personal information, such as your name, address, and contact details.
- Provide information about your employment status, including your current employer and monthly income.
- Specify the loan amount you are requesting and the purpose of the loan.
- Choose your preferred loan term and repayment method.
- Review your application details to ensure accuracy.
- Submit your application and wait for a decision from Citizens Bank.
- If approved, review the loan agreement and sign it electronically.
- Wait for the loan funds to be deposited into your bank account, typically within 2 business days.
Need a loan option in Canada?
If you are a Canadian resident, consider Fairstone personal loans. Fairstone has been providing loans to Canadian residents for over 90 years and is one of the largest non-bank lenders in the country.
Fairstone offers both secured and unsecured loans, depending on your creditworthiness, loan requirements, and repayment plan. The loans range from C$500 to C$50,000, with repayment terms of up to 5 years.
Use Fairstone personal loans for debt consolidation, home improvements, investing, and more.
Other advantages of Fairstone loans include:
- Flexible repayment terms
- Fixed interest rates
- Easy application process
- Funding within 24 hours
However, it’s important to note that Fairstone personal loans also have some drawbacks, including high interest rates. For some borrowers, the interest rate can go up to 19.99% APR.
Approval from Fairstone may also be strict, especially for those with a poor credit history. In some cases, a minimum credit score of 600 may be required to approve an unsecured loan.
How to apply for Fairstone Personal Loans
If you’re interested in applying for a Fairstone personal loan, check out our review on how to apply for one.
