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 are the APRs offered via Regional Finance?
Regional Finance offers a fixed APR personal loan product that ranges from 21.99% up to 99.9%.
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
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Message from Regional Finance
- New Mexico
- North Carolina
- South Carolina
- U.S. Citizen
- U.S. Permanent Resident
- Employed Full-Time
- Employed Part-Time
- 1099 Misc. Income
- Direct Deposit (W2, SSA, SSDI)
- Payroll Check or Prepaid Card
- Tax Returns
- Individual Applications
- Recent Pay Stubs
- Driver License (or other photo ID)
- Proof of citizenship/residence (Green Card)