Capital Bank Personal Loans

Capital Bank Personal Loans Review

Capital Bank Personal Loans is offered by Capital Bank, a bank founded in 1995 and based in Albany, NY. Capital Bank Personal Loans is available in 2 states across the USA.

Key Takeaways

• APRs starting at 4.50%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Capital Bank Personal Loans are on the lower end of the spectrum.
• Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your Capital Bank Personal Loans early.
• No origination fee. Capital Bank Personal Loans does not charge a loan origination fee.

Capital Bank personal loan Pros & Cons

Pros	Cons
Low APRs available to qualified borrowers. Loan options with $0 origination fee.	Only considers applicants with good credit. Do not offer pre-approval with soft credit pull. Charges prepayment fees. Charges a late fee.

Capital Bank personal loan FAQ

What interest rates and personal loan terms does Capital Bank personal loan offer?

Capital Bank personal loan has lower than average interest rates for lenders reviewed on SuperMoney.

What fees does Capital Bank personal loan charge?

What do you need to qualify for Capital Bank Personal Loans?

Applicants with a credit score of at least 674 and up to 740 FICO may be eligible for Capital Bank Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Capital Bank Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Capital Bank Personal Loans only considers borrowers who are employed.

U.S. citizens are, of course, eligible for the services offered by Capital Bank Personal Loans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Applicants must have an active and valid personal checking or savings account
• Driver's license
• Government issued photo ID
• Proof of identity
• Proof of citizenship or residence permit

Capital Bank personal loan Eligibility Criteria

Minimum Age	18
Bank Account Required?	Yes
Credit Score	674 - 740 FICO

Does Capital Bank Personal Loans report your account activity to credit bureaus?

Yes, Capital 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 may help improve your credit.

Is Capital Bank a legit company?

Capital Bank was founded in 1995, it is a well-established company that has been in business for 27 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.