SunTrust Personal Credit Line PlusClaimed
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|Community Rating||Strongly recommended|
|APR (Variable APR)||8.65% - 24%|
|Loan Amount||$25,000 - $500,000|
SunTrust Personal Credit Line Plus Review
SunTrust Personal Credit Line Plus is offered by SunTrust Bank, a bank founded in 1865 and based in Atlanta, GA. SunTrust Personal Credit Line Plus is offered in 10 states (and Washington, DC).
What APRs does SunTrust Personal Credit Line Plus offer?
SunTrust Personal Credit Line Plus offers a variable APR product that ranges from 8.65% APR up to 24% APR. Rate is quoted with autopay discount*.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
Does SunTrust Personal Credit Line Plus charge an origination fee?
No, SunTrust Personal Credit Line Plus does not charge an origination fee.
An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.
Does SunTrust Personal Credit Line Plus charge a cash advance fee?
No, SunTrust Personal Credit Line Plus doesn't charge a cash advance fee. Some lenders charge a cash advance fee every time borrowers withdraw cash from their line of credit. Typically, fees range from 0.5% to 10% of the amount withdrawn.
Does SunTrust Personal Credit Line Plus charge a late fee?Yes, SunTrust Personal Credit Line Plus may charge borrowers a late payment fee.
How much can you borrow via SunTrust Personal Credit Line Plus?
Upon approval and based on your credit worthiness, your SunTrust Personal Credit Line Plus personal line of credit will be assigned a credit line of at least $25,000 and as much as $500,000. .
|Cash Advance Fee||N/A|
|Late Payment Fee||N/A|
What do you need to qualify for SunTrust Personal Credit Line Plus?
Applicants with a credit score of at least 600 and up to 850 are eligible for SunTrust Personal Credit Line Plus. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
SunTrust Personal Credit Line Plus does not have or does not disclose a minimum annual income eligibility requirement. SunTrust Personal Credit Line Plus only considers borrowers who are employed.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via SunTrust Personal Credit Line Plus. Their rates fall within the limits of The Military Lending Act.
Only U.S. citizens and permanent residents can apply for a loan.
To qualify, applicants may need to provide the following documentation:
- Proof of income
- Driver's license
- Proof of identity
- Proof of citizenship or residence permit
What is the estimated funding time for a personal line of credit via SunTrust Personal Credit Line Plus?SunTrust Personal Credit Line Plus will typically approve (or deny) a line of credit application within 48 hour s and fund personal lines of credit within 7 business day s of approval.
Does SunTrust Personal Credit Line Plus report your account activity to credit bureaus?
SunTrust Personal Credit Line Plus reports your account activity to the following credit reporting agencies:
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.
How to apply for SunTrust Personal Credit Line Plus
- Visit the SunTrust Bank website.
- Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
- Check the information is accurate and submit your application.
303 Peachtree Street, Northeast
Atlanta, GA 30308 USA
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Other Services by SunTrust Bank
- Washington, DC
- North Carolina
- South Carolina
- West Virginia
|No Origination Fee|
|No Prepayment Fee|
|Credit Score Range||
600 - 850
|Immigration Status Considered||
|Employment Statuses Considered||
|Supported Income Types||
|Joint Loan Applications Accepted||
|Verification Documents Required||
|Loan Amount||$25K - $500K|
|APR (Variable APR)||8.65% - 24%|
SunTrust Bank Personal Lines of Credit