
Unsecured Personal Loans | Debt Consolidation | Santander Bank - Santander

When to Choose an Unsecured Personal Loan
When you consider getting extra funds to fulfill a personal financial need, a Personal Loan can come down to whether you have a specific need, know how much the cost will be, and want to receive the money in one lump sum.
A Personal Loan gives you the money in one lump sum and allows you to take up to 84 months to repay.1
Financing with an Unsecured Personal Loan
A Personal Loan is designed to help you meet a variety of personal financial needs. We offer loan amounts from $5,000 to $50,000 in one lump sum with the flexibility to take up to 84 months to repay.1
Here are a few ways you can use a Personal Loan:


Financing with an Unsecured Personal Loan



*Based on the time your application is received, same-day funding is available in many cases, depending on your creditworthiness and the funding instructions you provide.
1Rates and Terms: Personal Loans are subject to individual approval and meeting our credit standards. Your primary residence must be located in MA, RI, CT, NH, NJ, PA, NY, DE, ME, VT, FL, MD, or DC. The fixed loan Annual Percentage Rate (APR) will depend on your creditworthiness and use of automatic payments (ePay) from any deposit account. The APR on a Personal Loan will increase by 0.25 percentage points and the payment will increase, if ePay is not elected or is discontinued. Fixed loan APRs (with ePay) range from 6.99% to 24.99%. Loan amounts range from $5,000 to $50,000. Loan repayment terms range from 36 months to 84 months. APRs and other terms are accurate as of and are subject to change without notice. Personal Loans cannot be used to finance post-secondary educational expenses.Personal Loan Monthly Payment Example
Monthly payments on a Santander Personal Loan with a 84-month term and our best rate of 6.99% APR.1
Amount | $5,000 | $10,000 | $20,000 |
Monthly Payment | $75.44 | $150.88 | $301.76 |
2National Average APR for a credit card as of 11/24/2021 (source: creditcards.com). Estimated using a credit card monthly payment, based on 3.00 % of outstanding balance, with a minimum of $15 (source: bankrate.com/calculators/credit-cards/credit-cardminimumpayment).