Strongly not recommended
Would you recommend Regional Finance to your friends?
Thanks for your vote!
You voted: May or may not recommend
Where does Regional Finance do business?
Regional Finance is a direct lender based in Greer, SC. Founded in 1987, Regional Finance offers access to personal loans in 8 states across the USA.
What personal loan APRs are offered via Regional Finance?
Regional Finance offers a fixed APR personal loan product that ranges from 21.99% APR up to 99.9% 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.
Does Regional Finance charge an origination fee?
Yes, Regional Finance charges a loan origination fee of up to 10% of the loan amount.
Does Regional Finance charge a late fee?
Yes, Regional Finance may charge borrowers a late payment fee
Does Regional Finance charge prepayment fees?
No, Regional Finance does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
How much can you borrow via Regional Finance?
Loan amounts start at $1,000 and go up to $10,000.
What can a personal loan from Regional Finance be used for?
Personal loans from Regional Finance are typically used for special purchases, debt consolidation, weddings, unexpected expenses or similar purposes.
What is the maximum loan term you can get with Regional Finance?
Regional Finance offers personal loans with terms ranging from 6 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.
What do you need to qualify for a loan with Regional Finance?
Applicants with a credit score of at least 590 can apply for a loan via Regional Finance . The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
To qualify for a Regional Finance loan, applicants need a minimum annual income of $25,000 or higher. Regional Finance only considers borrowers who are employed and meet the minimum income requirement.
Active duty servicemembers and their covered dependents cannot apply for a loan via Regional Finance. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.Only U.S. citizens and permanent residents can apply for a loan.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Proof of citizenship or residence permit
- Recent pay stubs
What is the estimated funding time for a personal loan via Regional Finance?
Regional Finance will typically provide a credit approval decision in less than an hour and fund the loan within 1 day.
Does Regional Finance report loan payments to credit bureaus?
Regional Finance may report credit data to the following credit reporting agencies:
979 B Batesville Road
Greer, SC 29651 USA
- Visit Site
Message from Regional Finance
- New Mexico
- North Carolina
- South Carolina
|No Prepayment Fee|
|Origination Fee||Up to 10%|
|Credit Score Range||
590 - 720
850 300 590 720
|Immigration Status Considered||
|Minimum Annual Income||$25,000|
|Employment Statuses Considered||
|Supported Income Types||
|Joint Loan Applications Accepted||
|Verification Documents Required||
|Loan Amount||$1K - $10K|
|Loan Term (Months)||6 - 60|
|APR (Fixed APR)||21.99% - 99.9%|