Personal Loans from Santander Bank

Everyone needs a little help now and then. A Personal Loan can help you afford 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. Learn how to get a personal loan from Santander Bank.

Personal Loan Features

 

  • 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.

What Can a Personal Loan Be Used For?

Consolidation

Consolidating your higher interest debt into one convenient lower monthly payment.

Life Events

Paying for family reunions, weddings or even vacations.

Financing

Purchasing new appliances or making auto repairs.

Personal Loan Monthly Payments

Monthly payments on a Santander Personal Loan with a 60-month term and our best rate of 6.99% APR1
Amount $5,000 $10,000 $20,000
Monthly Payment $98.98 $197.96 $395.53

Rate assumes automatic payment from a Santander checking account.

Is a Personal Loan Right for Me?

Use the handy calculators below to determine how much your loan payments will be and if you should consolidate your debt:

Compare Personal Loan and Personal Line of Credit

  Personal Loan Personal Line
of Credit
No Collateral Required
APR Discount with Autopay from Any
Santander Bank Checking Account
Ongoing Access To Credit As You Need It  
Receive The Money In One Lump Sum  
Reuse As You Repay  
Predictable Monthly Payment  
Choice of Principal and Interest or Interest-Only Payments  
  Apply Now Learn More

Frequently Asked Questions

May We Also Suggest?

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 11/01/2016 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.