| Community Rating | Strongly recommended |
| APR (Fixed APR) | 7.15% - 29.99% |
| Loan Amount | $5,000 - $35,000 |
| Loan Term (Months) | 12 - 72 months |
| Number of Reviews | 9 |
Axos Bank Personal Loans Review
Axos Bank Personal Loans is offered by Axos Bank, a bank founded in 2000 and based in San Diego, CA. Axos Bank Personal Loans is available in 50 states (and Washington, DC).
- APRs starting at 7.15%. These are average starting rates for a personal loan. If you have good credit you may qualify for a loan with better rates.
- Prequalified rate. You can check your prequalified rate at Axos Bank with a soft pull that will not affect your credit score.
- Origination fees of up to 2%. This is on the low end for lenders that charge an origination fee. However, plenty of lenders don't charge an origination fee. Origination fees are deducted from the loan amount, so consider them when deciding how much you need to borrow.
- Super long loan terms. Axos Bank Personal Loans offers loan terms of up to 72 months. Most personal loans have a maximum term of 60 months.
| Pros | Cons |
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What interest rates and personal loan terms does Axos Bank personal loan offer?
Axos Bank personal loan has lower than average interest rates for lenders reviewed on SuperMoney.
What interest rates does Axos Bank personal loan offer?
Axos Bank personal loan offers a fixed APR personal loan product that ranges from 7.15% APR up to 29.99% APR.
How much can you borrow via Axos Bank personal loan?
Business loan amounts start at $5,000 and go up to $35,000.
What is the maximum loan term you can get with Axos Bank personal loan?
Axos Bank personal loan offers loans with terms of up to 72 months.
| Personal Loan Amount | $5000 - $35000 |
| Loan Term | 12 - 72 months |
| APR | 7.15% - 29.99% |
What fees does Axos Bank personal loan charge?
Does Axos Bank personal loan charge an origination fee?
Axos Bank personal loan may charge a personal loan origination fee of 0% to 2% of the personal loan amount. Axos Bank personal loan deducts the origination fee directly from your personal loan amount before depositing your money, so make sure you take this fee into account when deciding how much you need to borrow.
Does Axos Bank personal loan charge a late fee?
Yes, Axos Bank personal loan may charge borrowers a late payment fee if you miss one of the monthly payments of up to $15.
Does Axos Bank personal loan charge prepayment fees?
No, Axos Bank personal loan does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | 0% - 2% |
| Prepayment Fee | No |
| Late Payment Fee | $15 |
What do you need to qualify for Axos Bank Personal Loans?
Applicants with a credit score of at least 720 and up to 850 may be eligible for Axos Bank Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.Axos Bank Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Axos Bank Personal Loans 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 Axos Bank Personal Loans. Their rates fall within the limits of The Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by Axos Bank Personal Loans. Permanent resident / green card holders are also eligible to apply.
To qualify, applicants may need to provide the following documentation:
- Proof of income
- Driver's license
- Government issued photo ID
- Proof of citizenship or residence permit
- U.S. tax identification number
| Minimum Age | 18 |
| Bank Account Required? | No |
| Application Types Accepted |
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| Credit Score | 720 - 850 |
What is the estimated funding time for a personal loan via Axos Bank personal loan?
Axos Bank personal loan will typically approve (or deny) a loan application within 48 hours and fund loans within 2 business days of approval.
Does Axos Bank Personal Loans report your account activity to credit bureaus?
Yes, Axos Bank Personal Loans reports your account activity to the following credit reporting agencies:
- Experian
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.
Contact
- Headquarters
-
4350 La Jolla Village Drive
Suite 140
San Diego, CA 92122 - Visit Site
- Email Support
Other Services by Axos Bank
Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Feature Breakdown
| No Prepayment Fee | |
| Late Fee Amount | $15 |
| Origination Fee (%) | 0% - 2% |
Axos Bank Personal Loans Community Reviews
Would you recommend Axos Bank Personal Loans to your friends?
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