
in Personal Loans from Regional Management Corp.
Claimed Apply Now Get Personalized RatesRegional Finance Personal Loans
in Personal Loans from Regional Management Corp.
Would you recommend Regional Finance Personal Loans to your friends?
Community Rating | Strongly recommended |
APR (Fixed APR) | 21.99% - 35.9% |
Loan Amount | $2,501 - $12,000 |
Loan Term (Months) | 24 - 60 months |
Number of Reviews | 55 |
Regional Finance Personal Loans Review
Regional Finance Personal Loans is offered by Regional Management Corp., a direct lender founded in 1987 and based in Greer, SC. Regional Finance Personal Loans is available in 12 states across the USA.
- APRs starting at 21.99%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Regional Finance Personal Loans are on the higher end of the spectrum.
- Fast access to funds. In some cases you can get your money within 1 business day.
- Prequalified rate. You can check your prequalified rate at Regional Management Corp. with a soft pull that will not affect your credit score.
- Minimum income of $25,000. You will need an annual income of at least $25,000 to apply for Regional Finance Personal Loans, which is above average for the lenders in our database.
Pros | Cons |
---|---|
|
|
What interest rates and personal loan terms does Regional Finance offer?
Regional Finance has higher than average interest rates for lenders reviewed on SuperMoney.
What interest rates does Regional Finance offer?
Regional Finance offers a fixed APR personal loan product that ranges from 21.99% APR up to 35.9% APR.
How much can you borrow via Regional Finance?
Business loan amounts start at $2,501 and go up to $12,000.
What is the maximum loan term you can get with Regional Finance?
Regional Finance offers loans with terms of up to 60 months.
Personal Loan Amount | $2501 - $12000 |
Loan Term | 24 - 60 months |
APR | 21.99% - 35.9% |
What fees does Regional Finance charge?
Does Regional Finance charge an origination fee?
Regional Finance may charge a personal loan origination fee of up to 10% of the personal loan amount (origination fees and requirements vary by state).
Does Regional Finance charge a late fee?
No, Regional Finance will not charge you a late fee if you miss one of the monthly payments of up to $10.
Does Regional Finance charge prepayment fees?
Yes, Regional Finance may charge additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a personal loan early.
Origination Fee | up to 10% |
Prepayment Fee | Yes |
Late Payment Fee | up to $10 |
What do you need to qualify for Regional Finance Personal Loans?
Applicants with a credit score of at least 600 and up to 720 may be eligible for Regional Finance Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.To qualify for personal loans with Regional Finance Personal Loans, applicants need a minimum annual income of $25,000 or higher. Regional Finance Personal Loans only considers borrowers who are employed and meet the minimum income requirement.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Regional Finance Personal Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by Regional Finance Personal Loans. Permanent resident / green card holders are also eligible to apply.
To qualify, applicants may need to provide the following documentation:
- Recent pay stubs
- Driver's license
- Proof of citizenship or residence permit
Minimum Age | 18 |
Bank Account Required? | No |
Application Types Accepted |
|
Credit Score | 600 - 720 |
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 business day.
Does Regional Finance Personal Loans report your account activity to credit bureaus?
Yes, Regional Finance Personal Loans reports your account activity to the following credit reporting agencies:
- Equifax
- 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.
Message From Regional Finance Personal Loans
Contact
- Headquarters
-
979 B Batesville Road
Greer, SC 29651 - Visit Site
- Email Support
About Regional Finance Personal Loans
Availability
- Alabama
- Georgia
- Illinois
- Missouri
- North Carolina
- New Mexico
- Oklahoma
- South Carolina
- Tennessee
- Texas
- Virginia
- Wisconsin
Feature Breakdown
Late Fee Amount | Up to $10 |
Origination Fee (%) | Up to 10% |
Regional Finance Personal Loans Community Reviews
Would you recommend Regional Finance Personal Loans to your friends?
- Bank of America Personal Loans
- Barclays Personal Loans
- Community First Credit Union Signature Personal Loan
- Consumers Credit Union Personal Loan
- LendKey Home Improvement Loans
- LoanMe Personal Loans
- MoneyLion Plus Personal Loans
- NetCredit Personal Loans
- Reliable Credit Personal Loans
- Upgrade Personal Loans
- Upstart Personal Loans
- Zippyloan Personal Loans