Chase Personal Loans Don’t Exist: 9 Banks to Try Instead

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How Student Loan Hero Gets Paid

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Student Loan Hero Advertiser Disclosure

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If you’re a customer with a major bank such as Chase or Bank of America, you probably assume you can get a personal loan with either bank without a hitch.

However, you’re in for a surprise — Chase personal loans and Bank of America personal loans don’t exist. Here’s your guide for figuring out which big banks can help you get a personal loan (and which ones aren’t worth your time).

3 major banks that don’t offer personal loans

A quick online search for Chase personal loans reveals that the major bank doesn’t offer this product. Chase also no longer offers student loans or personal lines of credit.

It’s not just Chase that’s out of the personal loans game. The third-biggest bank in the U.S. by assets also has forgone this product, so you won’t find Bank of America personal loans. Capital One doesn’t offer personal loans either.

Where to find alternative personal loans

You might be disappointed to find Chase personal loans aren’t an option. You can still find a great personal loan — even if it means you have to shop outside your preferred lender.

Other big banks

Several major banks besides still offer personal loans, most likely with the same benefits you’d expect from Chase. These established lenders make it easy, fast, and simple to borrow when you need to. If you still want to go this route, see our list below of banks that offer personal loans.

But before signing on the dotted line, you should see what other personal loan options are out there. Online personal loans or a credit union can often beat rates and terms offered by big banks.

Online personal loans

Many fintech companies and online lenders are able to offer a better value thanks to lower overhead and a smaller line of products. Different online lenders can work with different credit backgrounds, too, to offer your best rates.

Check out our roundup of the best personal loans of 2018 and see how their rates measure up to what major banks offer.

Credit union personal loans

Credit unions also use their unique business structures to offer great deals to their members. That’s because these financial institutions are not-for-profit, so they’re designed to help communities and customers and give them a leg up.

When it comes to credit union personal loans, this often results in some of the lowest rates and fees. Some credit unions also offer unique products such as savings-secured loans or credit builder loans.

9 major banks (besides Chase) that offer personal loans

Of course, there are still valid reasons you might prefer a big bank for your personal loan.

To help out, we surveyed major U.S. banks to find those that offer personal loans. Here’s a highlight of personal loans offered by major banks — see if yours is on the list.

1. Wells Fargo personal loans

If you’re already a member of Wells Fargo or want a bank that’s accessible with a wide range of other services, this second-biggest bank could be for you.

Wells Fargo personal loans have no origination fees and can be used to borrow $3,000 to $100,000. The bank also offers a Wells Fargo line of credit, which can be used in place of a personal loan.

Check out our Wells Fargo personal loan review for an in-depth look at the fees, features, and terms this major bank offers.

2. Citibank personal loans

Citibank offers personal loans from $2,000 to $50,000.

Its personal loans offer terms of one to five years, so you can easily choose whether you want to pay off debt quickly or make affordable monthly payments.

3. U.S. Bank personal loans

The Premier Loan from U.S. Bank offers competitively low rates and loans from $5,000 to $25,000. You can securely apply for a U.S. Bank personal loan online.

4. PNC personal loans

PNC personal loans come in two varieties: secured and unsecured.

Secured loans require approved non-real estate collateral to borrow, and unsecured loans don’t require collateral.

5. TD Bank personal loans

If you need cash fast, a TD Bank personal loan can make it happen. The TD Express Loan offers a quick loan application process. You can borrow $2,000 to $15,000, and funds could be available within 48 hours after you apply.

A TD Bank unsecured loan won’t have the same fast turnaround, but it offers amounts up to $50,000.

6. BB&T personal loans

You can get both BB&T personal loans and personal lines of credit. However, the bank doesn’t provide many details about these products on its site. Contact your local branch for more information about BB&T’s terms for personal loans.

7. SunTrust Bank personal loans

SunTrust Bank offers a range of unsecured loans for different purposes, from consolidating debt to financing home improvements or covering private school tuition.

Loan terms will vary by borrowing purpose, but SunTrust provides a wide range of loan lengths and amounts. These loans also offer competitive interest rates and a 0.50% rate discount for setting up autopay.

8. Fifth Third Bank personal loans

Fifth Third Bank offers unsecured personal loans, or you can get a secured personal loan using savings, CDs or investments as collateral.

9. KeyBank personal loans

KeyBank also offers secured and unsecured personal loan options. Both loans can be used to borrow amounts starting at $5,000. Current KeyBank customers also get Relationship Rewards points for opening a personal loan with KeyBank.

Whatever the reason you were looking for a Chase personal loan, you still have plenty of options to borrow the funds you need. The right option is out there if you shop wisely and compare personal loans to find it.

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LendingTree allows you to compare rates from multiple lenders by filling out one easy form. How Student Loan Hero Gets Paid

How Student Loan Hero Gets Paid

Student Loan Hero is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). Student Loan Hero does not include all lenders, savings products, or loan options available in the marketplace.

Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Student Loan Hero is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products.

How Student Loan Hero Gets Paid

How Student Loan Hero Gets Paid

Student Loan Hero is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). Student Loan Hero does not include all lenders, savings products, or loan options available in the marketplace.

Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Student Loan Hero is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products.

RATES (APR)loan amount
5.99% – 18.85%1 $5,000 to $100,000
7.86% – 35.99% $1,000 to $50,000
5.94% – 35.97%* $1,000 to $50,000
99.00% – 199.00%2 $500 to $4,000
5.99% – 24.99%3 $5,000 to $40,000
7.99% – 29.99%4 $7,500 to $40,000
compare rates on Lendingtree now
NMLS #1136: Terms & Conditions Apply
1 Includes AutoPay discount. Important Disclosures for SoFi.

SoFi Disclosures

  1. Fixed rates from 5.99% APR to 18.85% APR (with AutoPay). SoFi rate ranges are current as of March 19, 2020 and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your creditworthiness, years of professional experience, income and other factors. See APR examples and terms. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.
  2. To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull.
    See Consumer Licenses.
  3. Minimum Credit Score: Not all applicants who meet SoFi’s minimum credit score requirements are approved for a personal loan. In addition to meeting SoFi’s minimum eligibility criteria, applicants must also meet other credit and underwriting requirements to qualify.
  4. If you lose your job through no fault of your own, you may apply for Unemployment Protection. SoFi will suspend your monthly SoFi loan payments and provide job placement assistance during your forbearance period. Interest will continue to accrue and will be added to your principal balance at the end of each forbearance period, to the extent permitted by applicable law. Benefits are offered in three month increments, and capped at 12 months, in aggregate, over the life of the loan. To be eligible for this assistance you must provide proof that you have applied for and are eligible for unemployment compensation, and you must actively work with our Career Advisory Group to look for new employment. If the loan is co-signed the unemployment protection applies where both the borrower and cosigner lose their job and meet conditions.
  5. Terms and Conditions Apply: SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)
2 Includes AutoPay discount. Important Disclosures for Opploans.

Opploans Disclosures

Direct Deposit required for payroll.

Opploans currently operates in these states: . *Approval may take longer if additional verification documents are requested. Not all loan requests are approved. Approval and loan terms vary based on credit determination and state law. Applications processed and approved before 7:30 p.m. ET Monday-Friday are typically funded the next business day.

  1. To qualify, a borrower must (i) be a U.S. citizen or permanent resident; (ii) reside in a state where OppLoans operates; (iii) have direct deposit; (iv) meet income requirements; (v) be 18 years of age (19 in Alabama); and, (vi) meet verification standards.
  2. NV Residents: The use of high-interest loans services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

  3. OppLoans performs no credit checks through the three major credit bureaus Experian, Equifax, or TransUnion. Applicants’ credit scores are provided by Clarity Services, Inc., a credit reporting agency.

  4. Based on customer service ratings on Google and Facebook. Testimonials reflect the individual’s opinion and may not be illustrative of all individual experiences with OppLoans. Check loan reviews.

  5.  

    Rates and terms vary by state.

3 Includes AutoPay discount. Important Disclosures for Payoff.

Payoff Disclosures

  1. All loans are subject to credit review and approval. Your actual rate depends upon credit score, loan amount, loan term, credit usage and history. Currently loans are not offered in: MA, MS, NE, NV, OH, and WV.
4 Important Disclosures for FreedomPlus.

FreedomPlus Disclosures

  1. The loan terms presented are not guaranteed and APRs presented are estimates only. To obtain a loan you must submit additional information and documentation and all loans are subject to credit review and our approval process. The range of APRs is 7.99% to 29.99% and your actual APR will depend upon factors including your credit score, usage and history, the requested loan amount, the stated loan purpose, and the term of the requested loan. To qualify for a 7.99% APR loan, a borrower will need excellent credit on a loan for an amount less than $12,000.00, and with a term equal to 24 months. Adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to directly pay off qualifying existing debt; or showing proof of sufficient retirement savings, could help you also qualify for the lowest rate available. All loans are made by Cross River Bank and MetaBank®, N.A., Members FDIC.
* Important Disclosures for Upgrade Bank.

Upgrade Bank Disclosures

Personal loans made through Upgrade feature APRs of 5.94%-35.97%. All personal loans have a 2.9% to 8% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. For example, if you receive a $10,000 loan with a 36-month term and a 17.98% APR (which includes a 14.32% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $343.33. Over the life of the loan, your payments would total $12,359.97. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Accept your loan offer and your funds will be sent to your bank or designated account within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes the transaction. From the time of approval, funds should be available within four (4) business days. Funds sent directly to pay off your creditors may take up to 2 weeks to clear, depending on the creditor. Personal loans issued by Upgrade’s lending partners. Information on Upgrade’s lending partners can be found at https://www.upgrade.com/lending-partners/.