August 28, 2022
Big banks that provide personal loans include Citibank, Wells Fargo, and PNC. To qualify for a loan, you normally need to sign up as a bank customer and meet minimal credit and income standards.
Online lenders offer predicted rates without performing a formal inquiry on your credit and accept all credit profiles. Because each organization employs a different algorithm to determine rates.
The majority of credit unions also provide personal loans, usually at lower rates. To qualify, they don't need to have strong credit histories. For a personal loan, your local credit union is a smart place to start.
Bank of America offers other types of loans, including: Home loans Auto loans Credit cards