Personal Line of Credit: Make Those Big Things Happen.
Personal Line of Credit: Make Those Big Things Happen.

Get the funds you need,
with a rate you can afford.

Home
Improvements

Make the upgrades and major purchases that will make your home your own.

Emergency
Repairs

Whether it's new tires, new brakes, or both. Get what you need to be safe and sound.

Higher
Education

Invest in your career and make necessary tuition payments.

Plus, now you can get your funds in as little as two days!2

Apply for a Personal Line of Credit today.

Call 1.877.768.1145
Locate a Branch
Call
1.877.476.8562
Find a Branch
To apply in person
 

 

1Rates: To get a Personal Line of Credit ("Line") with the best Annual Percentage Rate (APR) shown above, you must live in MA, RI, CT, NH, NJ, PA, NY, DE, ME, VT, or DC and use automatic payment (ePay) from any Santander checking account. If ePay is discontinued, the interest rate will increase by 0.25 percentage points, and your payment will increase. You must also meet our highest credit standards. Ask about higher rates that may be available for applicants who do not meet those standards. For new Lines of Credit, your initial APR is based on the U.S. Prime Rate published in the Money Rates table of The Wall Street Journal on the date you sign the credit agreement for your new credit account. Thereafter, your APR may vary monthly based on the U.S. Prime Rate published in the Money Rates table of The Wall Street Journal on the first business day of the month, plus a margin of 4.24% (now 8.24% with ePay for credit qualified applicants). The minimum Line APR is 6.49% and the maximum rate is 18.00% APR. Fees: An annual fee, if any, will be charged during the draw period in the first month after the account is opened and each year thereafter on the anniversary date. The amount of the annual fee will be $0, $25, or $50, based on the type of deposit account you have with Santander at the time the fee is assessed. Draw & Repayment Terms: The Line has a five-year draw period during which you can obtain advances and elect either principal and interest or interest-only payments. Thereafter, no additional advances may be taken and the Line will enter its five-year repayment period during which you must repay both principal and interest. Other Information: Line use is subject to the terms of the Personal Line of Credit Agreement, including terms that permit Lines to be suspended, reduced, or terminated in certain circumstances. The minimum Line amount is $5,000 and the maximum is $35,000. All information is accurate as of 4/3/17 and is subject to change. Line accounts are subject to approval.

2 Existing Santander checking customers who provide a valid checking account number and email address at application are eligible for two-day funding on a Personal Loan or Line of Credit. If income verification, payoffs of existing debt, and/or a counter-offer are required, or if a co-applicant is included on the application, customer is not eligible for two-day funding.

3National Average APR for a credit card as of 3/15/17 (Source: Creditcards.com).