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Last Updated: 04/18/2025

Citizens Pay

in Personal Loans from Citizens Bank

Last Updated: 04/18/2025

Created by:

SuperMoney

Fact Checked by:

Andrew Latham

Strongly not recommended6 total votes

6 users don't recommend

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Highlights

Community Rating

Strongly not recommended

APR (Variable APR)

N/A

Amount Range

N/A

Loan Term (Months)

3 - 36

Number of Reviews

Citizens Pay Review

Citizens Pay is offered by Citizens Bank, a bank founded in 1828 and based in Providence, RI. Citizens Pay are available in 50 states and Washington, DC.

Key Takeaways

Uses a variable APR. This is uncommon for personal loans. If interest rates rise in the future it could make the monthly payments more challenging.
Short loan terms. Citizens Pay have loan terms as short as 3 months.

Citizens Pay Pros & Cons

Pros

Cons

Charges an origination fee.
Does not offer pre-approval with soft credit pull.
Citizens Pay does not report to credit bureaus.
Charges prepayment fees.
No co-sign option available.

Citizens Pay FAQ

What interest rates and personal loan terms does Citizens Pay offer?

Citizens Pay has lower than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Citizens Pay offer?

Citizens Pay offers a variable APR personal loan product but they do not disclose their interest rates.

What is the maximum loan term you can get with Citizens Pay?

Citizens Pay offers loans with terms of up to 36 months.

Citizens Pay Interest Rates & Loan Terms

Personal Loan Amount

N/A

Loan Term

3 - 36 months

APR

N/A

What fees does Citizens Pay charge?

Does Citizens Pay charge an origination fee?

Citizens Pay may charge a personal loan origination fee .

Does Citizens Pay charge a late fee?

Citizens Pay does not disclose whether it charges late payment fees.

Does Citizens Pay charge prepayment fees?

No, Citizens Pay 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.

Citizens Pay Fees

Origination Fee

Prepayment Fee

N/A

Late Payment Fee

What do you need to qualify for Citizens Pay?

Citizens Pay does not require or does not disclose a credit score minimum.

Citizens Pay does not have or does not disclose a minimum annual income eligibility requirement.

U.S. citizens and permanent resident / green card holders with a U.S. tax identification number are eligible to apply for the services offered by Citizens Pay.

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

Driver's license or other government photo ID
Proof of identity
Proof of citizenship or residence permit
U.S. tax identification number

Citizens Pay Eligibility Criteria

Minimum Age

N/A

Bank Account Required?

Credit Score

N/A

Does Citizens Bank perform a hard credit pull?

Yes, Citizens Pay performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.

Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

Are Citizens Pay legit?

Citizens Bank was founded in 1828, it is a well-established company that has been in business for 198 years. Citizens Pay is strongly not recommended by SuperMoney community users.

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.

Contact

Headquarters

1 Citizens Plz

Providence, RI 02903

(877) 360-2472

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