Sometimes, life happens. Unexpected financial needs come up. As a community bank, we can help you through those tough times.
For a variety of financial needs that don't fit into other personal loan categories, an unsecured personal loan can offer a way to meet your needs.
What is an Unsecured Personal Loan?
An unsecured personal loan is a flexible option for funding personal expenses that does not require collateral in the way that an auto loan or home loan does.
Because no collateral is required, interest rates for personal unsecured loans are typically higher and highly dependent on the quality of your credit. This means you should consider the situation carefully before opting for this type of loan.
Honor Bank’s position as a small local lender means our staff is available to help you make the best decisions for your financial situation. If you’re considering an unsecured personal loan, come chat with us to find out if this is the best option for you.
Unsecured Personal Loan Rates
Below is a chart with the minimum interest rates for personal unsecured loans, but your credit score, and other factors will determine your own individual interest rate.
If you’re wondering exactly what your rate would be for an unsecured personal loan through Honor Bank, get in touch with our lenders today to find out how much this type of loan will cost for you and to discuss all your loan options.
UNSECURED PERSONAL LOAN RATES
|Maximum Term*||Rates As Low As||APRs As Low As*|
|*APR = Annual Percentage Rate and assumes a $5,000 loan with a 36 month term and $195 loan processing fee. Rate based on an automatic payment from an Honor Bank account; increase rate by 0.25% without automatic payment. Your APR may be higher based on your credit qualifications, loan amount, and repayment term. Subject to credit approval.|