Find the Best Personal Loan for Your Needs
Who is Citizens?
Citizens Financial Group, Inc. is one of the United States largest financial institutions. As of 2017, Citizens Financial Group has accumulated well over $150 billion, putting the financial entity in a tier of its own.
Also known as one of the country’s oldest banks, Citizens Financial Group has built a reputation based on the quality of their services. Today, the company offers a wide range of financial services ranging from personal, investing, small business, and commercial.
What types of loans do they offer?
Citizens Banks offers a wide variety of loans and financial services for their customers. As fast as personal loans are considered, you may choose to borrow between $5,000 and $50,000 with loan terms set between 3 to 7 years, depending on your need. Evidently, the APR will be dependent on one’s credit score and history.
Benefits of Citizens
There are many different benefits for individuals who decide to open a personal loan with Citizens Financial Group. First and foremost, Citizens allows customers to decide how much capital they need.
With customizable loan options, you can select a plan that matches your preferences, with no collateral needed to secure the loan unless you're trying to get a bad credit loan. If approved, Citizens Financial Group can help streamline the process and have your funds available almost immediately.
The best part about partnering with this bank is that they don’t charge as many fees as other financial companies. For example, Citizens Bank does not charge application, origination, or pre-payment fees.
The application process for a Citizens Bank personal loan is relatively easy. First and foremost, it’s important that individuals meet the requirements and are prepared to apply. In accordance to Citizens Bank, to be approved, one must:
- Have a strong credit history
- Minimum annual income of $24,000.
- S. Citizen
- Reached Age of Majority.
On top of this, you will need to supply Citizens Bank will a social security number, contact information, current income, and employment information. Once this is gathered, you can begin the application online at their website. All you need to do is follow out the form and hear back almost instantly.
Robert is our in-house expert on personal loans and finance. He got an MBA, specializing in Finance, before joining the workforce. After working for multiple Fortune 500 companies in the past decade, he brings a wealth of knowledge and experience to the table.