| Loan Amount | $5,000 - $35,000 |
| APR (Fixed APR) | 6.5% - 25% |
| Loan Term | 12 - 60 months |
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 offered in 50 states (and Washington, DC).
What rates and terms does Axos Bank Personal Loans offer?
What personal loan APRs does Axos Bank Personal Loans offer?
Axos Bank Personal Loans offers a fixed APR personal loan product that ranges from 6.5% APR up to 25% APR.
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.
How much can you borrow via Axos Bank Personal Loans?
Loan amounts start at $5,000 and go up to $35,000.
What can a personal loan from Axos Bank Personal Loans be used for?
Personal loans from Axos Bank Personal Loans are typically used for special purchases, debt consolidation, home improvement projects, weddings, medical expenses & procedures, unexpected expenses or similar purposes.
What is the maximum loan term you can get with Axos Bank Personal Loans?
Axos Bank Personal Loans offers personal loans with terms ranging from 12 to 60 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
| Loan Amount | $5000 - $35000 |
| Loan Term | 12 - 60 months |
| APR | 6.5% - 25% |
What fees does Axos Bank Personal Loans charge?
Does Axos Bank Personal Loans charge an origination fee?
Axos Bank Personal Loans charges a loan origination fee starting at 5% of the loan amount. Axos Bank Personal Loans deducts the fee directly from your 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 Loans charge a late fee?
Yes, Axos Bank Personal Loans may charge borrowers a late payment fee
Does Axos Bank Personal Loans charge prepayment fees?
No, Axos Bank Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
| Origination Fee | Starting at 5% |
| Prepayment Fee? | No |
| Late Payment Fee | N/A |
What do you need to qualify for Axos Bank Personal Loans?
Applicants with a credit score of at least 680 and up to 850 are 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.
Only U.S. citizens and permanent residents can apply for a loan.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid checking account
- Driver's license
- Government issued photo ID
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Joint Applications Accepted? | No |
| Credit Score | 680 - 850 |
What is the estimated funding time for a personal loan via Axos Bank Personal Loans?
Axos Bank Personal Loans will typically approve (or deny) a loan application within 1 hour and fund personal loans within 3 business days of approval.
Does Axos Bank Personal Loans report your account activity to credit bureaus?
Axos Bank Personal Loans reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
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.
Contact
- Headquarters
-
4350 La Jolla Village Drive
Suite 140
San Diego, CA 92122 - Visit Site
Other Services by Axos Bank
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
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