To apply for an Axos Bank personal loan, first check for pre-qualification and then enter your personal and financial information on the online application. Next, verify the accuracy of the information, submit the application and wait to receive a decision.
How to Apply for an Axos Bank Personal Loan
Check for pre-qualification. Pre-qualification is a way to check your approval odds and potential rates before applying for an Axos Bank personal loan. It doesn't hurt your credit. You can check for pre-qualification on the Axos Bank website or WalletHub's pre-qualification tool.
Enter your personal information on the application. Axos Bank requires the following personal information on the application: your full name, date of birth, home addres, housing type, email address, phone number and Social Security number.
Enter your financial information on the application. Axos Bank requires the following financial information on the application: your current employer and income source, employment status, income type, time receiving income from this source, job title, gross monthly income and work phone number.
Double check the application for accuracy. To ensure that your Axos Bank personal loan application gets processed as quickly as possible, make sure that all the information is correct and complete before you submit it.
Submit your application. Axos Bank will typically provide a decision on your application within 2 business days both for approval and funding time.
If you are approved for an Axos Bank personal loan, you will generally receive the funds within 2 business days after approval. After that, it's your responsibility to make monthly payments until you have fully paid back your loan, including interest.
Major personal loan requirements include being at least 18 years old, having a bank account, having a good credit history, and having enough income or assets to afford monthly loan payments. Specific personal loan requirements vary by lender, however. Avant requires a credit score of 600 or higher, for example, while Prosper sets the bar at 640 and SoFi asks for 680. Most lenders don’t disclose annual income requirements, but two exceptions are LendingPoint ($20,000+)...
You can get a personal loan from a bank, a credit union or an online lender. The key to getting a personal loan is to do your research, both on the loan providers and the terms of their offers. WalletHub makes it easy to compare personal loans and has user reviews for lenders big and small. Once you’ve decided on the right loan for you, WalletHub can bring you directly to its secure online application.
Yes, Axos Bank personal loans are legit because Axos Bank is registered to do business in the states it services, which is a legal requirement to be a legitimate lender. Another reason why Axos Bank personal loans are legit is that the lender has a rating of A+ from the Better Business Bureau. The company also is accredited with the Bureau.
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