Editorial Note: MakeHelpOf does not receive any commission from any website or third-party advertisers. It’s accurate to the best of our knowledge when it’s posted & this article is for educational purpose only. {alertInfo}
{tocify} $title={Table of Contents}
U.S Bank Overview
U.S Bank provides personal to borrowers up to $50,000 with a credit score of 660. U.S Bank has physical location branches in more than 25 states. U.S Bank offers short and long-term personal loans with a fixed APR of 5.99%. Also, there are options for non-customers willing to open a savings or checking account.
Pros
- Loan amount starting from $1,000 – $50,000
- Co-signers are accepted & Soft Pull available on the website.
- U.S. Bank doesn’t charge an origination fee or prepayment penalty.
- Able to fund loans within one business day.{alertSuccess}
Cons
- At U.S Bank you may require an in-person visit.
- US Bank charges a Late fee
- U.S Banks loans are available only to current U.S. Bank customers and those willing to open an account. {alertError}
Can Be Used as Debt Consolidation Loan
U.S Bank offers personal loans for many purposes such as debt consolidation, home improvements, and big purchases. So if you are looking for a big loan amount then U.S Bank can be the best option for you if you have a bad credit score.
Annual Interest Rate and Fees
At U.S Bank the annual percentage rate is from 5.9% to 19.49% which can vary based on your credit score. If you have a low credit score then your apr will be high and if you have a good credit score then your apr will be low so it is directly proportional to your credit score.
Minimum Credit Score Required
Offered Loan Amount
Key-Factors of Loan
- US bank charges a late fee
- US bank gives rate discount for auto payments
- Funds are available within one business day
- US bank does not offer direct payment to creditors for debt consolidation loans
- Not available in AL, AK, CT, DE, FL, GA, HI, LA, ME, MD, MA, MI, MS, NH, NJ, NY, NC, OK, PA, RI, SC, TX, VT, VA, WV AND WASHINGTON, D.C.
- Does not give you the option of pre-qualification
- US Bank Branches can be found in these states
- Arizona.
- Arkansas.
- California.
- Colorado.
- Idaho.
- Illinois.
- Indiana.
- Iowa.
- Kansas.
- Kentucky.
- Minnesota.
- Missouri.
- Montana.
- Nebraska.
- Nevada.
- New Mexico.
- North Carolina.
- North Dakota.
- Ohio.
- Oregon.
- South Carolina.
- South Dakota.
- Tennessee.
- Texas.
- Utah.
- Washington.
- Wisconsin.
- Wyoming.
Eligibility Criteria
Required Documents
- Valid Identity Proof, VIsa
- Have to provide a DOB.
- Valid current mobile number and Email id.
- An active American bank account.
Repayments Terms
Example of the U.S Bank loan
How to Apply for U.S Bank :
Who is this loan good for
- People who are already US bank customers
- Borrowers who want money as soon as the next business day
- People who want their loan process offline
Editorial Note: MakeHelpOf does not receive any commission from any website or third-party advertisers. This is just a review article based on consumers’ experiences from the internet. It’s accurate to the best of our knowledge when it’s posted. Please read all the information carefully before you make any decision. {alertInfo}
