Personal loans at U.S. Bank

Affected by the coronavirus pandemic? Read about our COVID-19 financial relief efforts, including mortgage assistance and auto loan assistance programs.

COVID-19 assistance for personal loans

If you've been financially affected by COVID-19, you may be eligible for a loan extension. Log in to your account to request an extension.

Personal loan details

Annual Percentage Rate (APR)

Depending on your creditworthiness, our fixed APR ranges from 6.49% APR to 16.99% APR.¹

Fees

When you take out a personal loan, you’ll pay no origination fees. And you’re always free to make loan payments ahead, in part or in full.

Terms

You can choose a term from 12 months to five years to pay back your loan.¹

Amount

You can borrow $1,000 up to $25,000 with a personal loan.

Credit

You need to be a current U.S. Bank customer with a good credit history and stable, sufficient income. All loans are subject to credit approval.¹

Find out more about credit scores.

Not a U.S. Bank customer? Explore our checking account options.

Use this personal loan calculator to estimate your monthly payment.

What's your ZIP code?

ZIP code

Enter any valid five-digit ZIP code.

How much do you need?

Amount to borrow.

Enter your amount to borrow from $1,000 to $25,000.

For how many months?

Term

Enter any loan term from 12 - 60 months.

What's your credit score range?

Credit score range

Below 720 Fair

720 – 759 Good

760 – 799 Very Good

800 + Excellent

Save 0.50% when you autopay from a U.S. Bank personal checking or savings account.

Total Amount:$0

APR:0%

ESTIMATED MONTHLY PAYMENT$0

Final amount may vary due to borrower's credit score and other credit qualifiers.

How to apply for a personal loan

Our application process is fast and easy.

Step 1

To start your application, you will need:

Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN)
Home address and employment information

Step 2

Once you submit your application, U.S. Bank will gather your credit information.

How long does it take for a loan to process?
Typically we’ll notify you with your loan approval status in less than a minute.

Step 3

If your loan is approved, you may close your loan online, though some customers may need to visit a U.S. Bank branch.

Funds are available within one business day of loan closing.

Personal loan benefits

Quick funds for all your needs

You can use a personal loan for any purchase or product, including vacations, home renovations, medical bills, or consolidating debt.

Fixed rates and set monthly payments

Borrow at least $1,000 up to $25,000 with a fixed APR¹ when you qualify. You’ll pay the same amount every month for a term of 12 to 60 months, and your interest rate won’t change over the life of the loan.

No collateral required

A personal loan is unsecured, meaning you don’t need to put up your house or car as collateral. This may be a good option if you lack equity or don’t qualify for a home equity loan or line.

No home inspection or appraisals

Since a personal loan doesn’t require your home as collateral, there are no home inspections or appraisals. You could get a loan for your project within hours.

Easy application process

Get quick access to funds with our easy and secure online application process. Applying for a personal loan only takes a few minutes and is issued based on your creditworthiness.

PERSONAL LOAN