BankMobile wants to help you take control of your finances while you work toward your goals and dreams. Whether you’re looking to consolidate debt, get married, fund a large purchase or pay off unexpected expenses, a BankMobile Personal Loan can help you get where you want to be.*
As a customer of BankMobile, you’ll also have exclusive benefits, including a .25% rate discount2 when loan proceeds are deposited to a BankMobile account. Additionally, you may be eligible for a Payback Reward equal to 1% of your financed loan amount. See eligibility requirements.3
$5,000 - $30,000 with terms of 3 and 5 years.4
As low as 5.99% (APR ranges from 5.99% – 29.99%).
With rates and terms in minutes without adversely affecting your credit score.1
With quick access to funds.
Easy, on-time payments with flexibility to choose your due date.
Rate discount when loan proceeds are funded to your BankMobile account.2
Payback reward equal to 1% of your financed loan amount.
See eligibility requirements.3
Paying off your loan is a major milestone! As part of your accomplishment and demonstrated financial fitness, BankMobile will reward you with a Payback Reward equal to 1% of your financed loan amount3 – one of the many perks of being a BankMobile account holder! Reward to be paid within 30 business days of loan payoff, directly deposited into a BankMobile Deposit Account. To qualify for this reward, borrowers are required to:
Pay the loan balance to a zero balance within the term of the loan,
Make a minimum of 12 consecutive on-time monthly payments, and
Maintain an active BankMobile BOLD checking account throughout the life of the loan and at least 30 days after the loan is paid off.
BankMobile is passionate about simplifying the lending process, which is why we want you to have a highly-digital, customer-centric application experience accompanied by a high level of fraud and security protection.
Answer a few quick questions about your education and employment to check your rate in just minutes and with no impact on your credit score.1
After your application is approved, accept your terms and get your money by the next day.
Set it and forget it with automated monthly payments.5
BankMobile is here to help you control your finances and achieve the “fittest” financial fitness with tools and other resources to assist with budgeting, saving and more! Are you ready to take the first step toward being in control of your finances?Check Your Rate
Won’t affect your credit score and only takes a few minutes!1
Be sure to check out our blog for financial wellness insights from BankMobile.
1 When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information will be reported to the credit bureaus.
2 The .25% rate discount will be applied to the interest rate and be effective for the term of the loan when the loan proceeds are funded into a BankMobile or Customers Bank Deposit Account. A BankMobile Deposit Account or Customers Bank Deposit Account must be verified for disbursement of the loan proceeds.
3 As part of your accomplishment and demonstrated financial fitness, the Payback Reward is equal to 1% of your financed loan amount. Reward to be paid within 30 business days of loan payoff, directly deposited into a BankMobile Deposit Account or Customers Bank Deposit Account. To qualify for and earn the 1% Payback Reward, borrowers are required to meet the following criteria:
• Pay the loan balance to a zero balance within the term of the loan,
• Make a minimum of 12 consecutive on-time monthly payments, and
• Maintain an active BankMobile Deposit Account or Customers Bank Deposit Account throughout the life of the loan and at least 30 days after the loan is paid off.
4 Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. The minimum loan amount is $6,000 for borrowers in Ohio. Monthly Payment Example: a 3-year loan with an APR of 16% and 36 monthly payments will have a payment of $35 per $1,000 borrowed.
5 While most of our borrowers opt for automated recurring payment for ease of use, we also accept payments by check or one-time electronic payments. Borrowers have the flexibility to choose the repayment method that works best for them.
TERMS AND CONDITIONS FOR THIS OFFER
*This offer is conditioned on final approval based on our consideration and verification of financial and non-financial information. This offer may be accepted only by the person identified in this offer, who is old enough to legally enter into contract for the extension of credit, a US citizen or permanent resident, and a current resident of the US. May not be available in all states. Duplicate offers received as a result of multiple mailings to the same person are void. Closing your loan is contingent on your meeting our eligibility and underwriting requirements, our verification of your information, your agreement to the application terms and conditions, and your agreement to the terms and conditions on the bankmobile.upstart.com website. BankMobile reserves the right to discontinue this offer at any time, or to alter any of the terms and conditions of this offer at any time without notice.