SunTrust Select Credit LineClaimed
Would you recommend SunTrust Select Credit Line to your friends?
Thanks for your vote!
You voted: May or may not recommend
|Community Rating||Strongly recommended|
|APR (Variable APR)||5.75% - 24%|
|Loan Amount||$25,000 - $5,000,000|
SunTrust Select Credit Line Review
SunTrust Select Credit Line is offered by SunTrust Bank, a bank founded in 1865 and based in Atlanta, GA. SunTrust Select Credit Line is offered in 50 states (and Washington, DC).
What APRs does SunTrust Select Credit Line offer?
SunTrust Select Credit Line offers a variable APR product that ranges from 5.75% 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 Select Credit Line charge an origination fee?
No, SunTrust Select Credit Line 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 Select Credit Line charge a cash advance fee?
No, SunTrust Select Credit Line 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 Typically, fees range from 0.5% to 10% of the amount withdrawn.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 Select Credit Line charge a late fee?Yes, SunTrust Select Credit Line may charge borrowers a late payment fee.
How much can you borrow via SunTrust Select Credit Line?
Upon approval and based on your credit worthiness, your SunTrust Select Credit Line personal line of credit will be assigned a credit line of at least $25,000 and as much as $5,000,000. .
|Cash Advance Fee||N/A|
|Late Payment Fee||N/A|
What do you need to qualify for SunTrust Select Credit Line?
Applicants with a credit score of at least 600 and up to 850 are eligible for SunTrust Select Credit Line.
SunTrust Select Credit Line does not have or does not disclose a minimum annual income eligibility requirement. SunTrust Select Credit Line 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 Select Credit Line. 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
Does SunTrust Select Credit Line report your account activity to credit bureaus?
SunTrust Select Credit Line 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 Select Credit Line
- 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
- Visit Site
Message from SunTrust Bank
Other Services by SunTrust Bank
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- 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 - $5M|
|APR (Variable APR)||5.75% - 24%|
SunTrust Bank Personal Lines of Credit