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  Capital Bank Personal Loans
Capital Bank Personal Loans
in Personal Loans from Capital Bank
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Capital Bank Personal Loans

Unaffiliated
in Personal Loans from Capital Bank
Net Recommendation Score +100  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Rating not yet determined  

3 users recommend
0 users are unsure
0 users don't recommend
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Highlights
Community Rating

Rating not yet determined  

APR  (Fixed APR) 4.50% - 10.00%
Loan Amount Starting at $10
Loan Term (Months) 48 - 60 months

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 interest rates does Capital Bank personal loan offer?

Capital Bank personal loan offers a fixed APR personal loan product that ranges from 4.50% APR up to 10.00% APR.

How much can you borrow via Capital Bank personal loan?

Personal loan amounts start at $10.

What is the maximum loan term you can get with Capital Bank personal loan?

Capital Bank personal loan offers loans with terms of up to 60 months.

Capital Bank personal loan Interest Rates & Loan Terms
Personal Loan Amount Starting at $10,000
Loan Term 48 - 60 months
APR 4.50% - 10.00%

What fees does Capital Bank personal loan charge?

Does Capital Bank personal loan charge an origination fee?

Capital Bank personal loan does not charge a personal loan origination fee.

A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Capital Bank personal loan charge a late fee?

No, Capital Bank personal loan will not charge you a late fee if you miss one of the monthly payments.

Does Capital Bank personal loan charge prepayment fees?

No, Capital 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.

Capital Bank personal loan Fees
Origination Fee No
Prepayment Fee N/A
Late Payment Fee No

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.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 2 states
  • New York
  • Pennsylvania

Feature Breakdown

No Origination Fee
Accepts Savings Accounts
Checking Account Required
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Minimum Age 18
Supported Income Types
  • Payroll Check or Prepaid Card
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Credit Score Range 674 - 740
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Options Automatic Payments
APR Type Fixed APR
Loan Amount Starting at $10
APR (Fixed APR) 4.50% - 10.00%
Loan Term 48 - 60 months

Capital Bank Personal Loans Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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