What banks do personal loans? This question is about Best Banks for Personal Loans

Many banks do personal loans, including Wells Fargo, Citibank, American Express, Discover and U.S. Bank, to name a few of the biggest lenders. In addition to large national lenders, there are thousands of local banks that offer personal loans, giving borrowers plenty of choices. Below, you can see some of the biggest banks that do personal loans, along with their rates. Major Banks That Do Personal Loans American Express: 6.98% - 19.98% APR Discover: 6.99% - 24.99% APR Wells Fargo: 7.49% - 23.74% APR Citibank: 8.99% - 23.99% APR Barclays Bank US: 4.99% - 20.99% APR Citizens Bank: 6.79% - 20.88% APR PNC: 5.99% - 32.24% APR TD Bank: 8.99% - 21.99% APR USAA: 7.24% - 17.65% APR If you don't find a bank that you like from among the biggest lenders in the country, you can check out local banks that do personal loans. You can find banks in your area on WalletHub. Keep in mind that banks aren't the only financial institutions that offer personal loans. You can get a personal loan from a credit union or an online lender, too, so it's worth considering all your options before you settle on one. You can take a look at WalletHub's picks for the best personal loans to get started.

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What banks do personal loans?

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This question is about Best Banks for Personal Loans

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Rick Bormin, Personal Loans Moderator

@rhandoo2020 • 07/19/21 This answer was first published on 07/19/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Many banks do personal loans, including Wells Fargo, Citibank, American Express, Discover and U.S. Bank, to name a few of the biggest lenders. In addition to large national lenders, there are thousands of local banks that offer personal loans, giving borrowers plenty of choices. Below, you can see some of the biggest banks that do personal loans, along with their rates.

Major Banks That Do Personal Loans

American Express: 6.98% - 19.98% APR
Discover: 6.99% - 24.99% APR
Wells Fargo: 7.49% - 23.74% APR
Citibank: 8.99% - 23.99% APR
Barclays Bank US: 4.99% - 20.99% APR
Citizens Bank: 6.79% - 20.88% APR
PNC: 5.99% - 32.24% APR
TD Bank: 8.99% - 21.99% APR
USAA: 7.24% - 17.65% APR

If you don't find a bank that you like from among the biggest lenders in the country, you can check out local banks that do personal loans. You can find banks in your area on WalletHub.

Keep in mind that banks aren't the only financial institutions that offer personal loans. You can get a personal loan from a credit union or an online lender, too, so it's worth considering all your options before you settle on one. You can take a look at WalletHub's picks for the best personal loans to get started.

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How do personal loans work?

Personal loans let you borrow a sum of money from a lender and then pay it back in monthly installments over a set term – usually anywhere from 12 to 84 months. Those monthly payments include equal portions of the original loan amount, plus interest and fees. Personal loans can be used for debt consolidation, home improvements, vacations, big purchases and more. Understanding how things will go, from the time you apply to when you...

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How do you get a personal loan from a bank?

To get a personal loan from a bank, first check your credit score, then compare available offers to find the best rates, fees and payoff periods. After that, check for pre-qualification, submit an application either online or in person and wait for a decision. The steps may not sound all that complex, but preparing to get a loan can be time consuming.

How to Get a Personal Loan from a Bank

Check Your Credit

The first...

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