Everyone needs a little help now and then. A Personal Loan can help you with that upcoming big project or purchase. Borrow from $5,000 to $35,000 in one lump sum and take up to 60 months to repay1. A fixed interest rate and no annual fee make it a smart solution for your one–time borrowing needs.
- Competitive interest rates — plus earn a rate discount when you set up automatic payments from any Santander Bank checking account.
- Predictable monthly payments.
- No collateral required.
- No application fee or annual fee.
Consolidating your higher interest debt into one convenient lower monthly payment.
Paying for family reunions, weddings or even vacations.
Purchasing new appliances or
making auto repairs.
Monthly payments on a Santander Personal Loan with a 60-month term and our best rate of 6.99% APR1
Rate assumes automatic payment from a Santander checking account.
Personal Line of Credit
A loan is an amount of money that you borrow for a specified length of time. You receive a one-time, lump-sum that is paid down through fixed monthly payments with a fixed rate and fixed term. A line of credit is a borrowing limit extended to you. The funds are available to you up to a pre-assigned credit limit and you have the ability to re-use your line of credit as you repay. Your monthly payment will be based on the amount of the line you have outstanding.
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1 To get a Personal Loan ("Loan") with the Annual Percentage Rate (APR) shown above, you must reside in MA, RI, CT, NH, NJ, PA, NY, DE, ME, VT or DC, meet our highest credit standards, and use automatic payment (ePay) from any Santander Bank N.A. checking account. Loan APRs (with ePay) are 6.99%, 8.99%, 10.99%, 12.99%, 14.99% or 16.99% depending upon your creditworthiness. Payment examples on a $10,000 Loan for 60 months at an APR of: 6.99% is $197.96; 8.99% is $207.53; 10.99% is $217.37; 12.99% is $227.48; 14.99% is $237.85, or 16.99% is $248.47, respectively. The minimum Loan amount is $5,000 and the maximum is $35,000. The APR on the Loan will increase by 0.25 percentage points and the payment will increase, if ePay is not elected or is discontinued. APRs and other terms are accurate as of 05/16/2016 and may change thereafter. A Santander checking account is not required to qualify for a Loan. Loan accounts are subject to approval.
¤Accounts must be in good standing. Applies to new net retail purchases.