29/09/2021
13h40
Documents necessary for the application of US Bank Personal Loan:
- Copy of government-issued identification
- Proof of income, which can be a W-2 or paystub
- Proof of Checking account
- Social Security number.
Interest and Administration fees:
| APR | 7.74% – 20.24%. |
| Fees | Late fee: $29.Returned payment fee: $25. |
| Loan amount | For U.S. Bank customers: $1,000 to $50,000.For non-U.S. Bank customers: $1,000 to $25,000. |
| Repayment terms | For U.S. Bank customers: 1 to 7 years.For non-U.S. Bank customers: 1 to 5 years. |
| Time to fund after approval | For U.S. Bank customers: Funds can be sent within minutes to a U.S. Bank account.For non-U.S. Bank accounts: Funding may take 1 to 4 business days. |
| Loan availability | Loans not available in AL, AK, CT, DE, FL, GA, HI, LA, ME, MD, MA, MI, MS, NH, NJ, NY, OK, PA, RI, SC, TX, VT, VA, WV and Washington, D.C. |
Procedure for the loan application:
The process to apply is fast and easy.
- Step 1: Check your rate
- Check your personalized rates. They’ll use some information about you to do a soft credit check, which will not affect your credit score.
- Step 2: Apply
- When you’re ready to apply, you’ll need:
- Social Security number (SSN)
- Home address and employment information
- You can apply with another person. If you apply with a joint applicant, their income and credit background are also considered and may affect your interest rate or loan amount.
- Once you submit your application, U.S. Bank will request a full credit report, which may affect your credit score.
- Step 3: Close your loan
- If your loan is approved and you’re a U.S. Bank personal checking or savings customer, you may close your loan online. If you don’t have a U.S. Bank personal checking or savings account, you may need to visit a U.S. Bank branch to close your loan.
