How does the Citizens One Personal Loan impact my credit?
A key ingredient of a person's credit score is having a credit history with a good track record of making payments. Paying on time is important in developing a good credit score.
What are the interest rates offered?
Check out our rate & repayment examples for current interest rates.
What is the difference between interest rate and APR?
The interest rate is the amount charged to borrow money. The APR (Annual Percentage Rate), combines the interest rate and any other fees associated with the loan, to show the true cost of borrowing as an annual rate for each year of the loan term.
Are there any upfront fees for the Citizens One Personal Loan?
The Citizens One Personal Loan has no origination, application or disbursement fees.
What kind of credit is required for a Citizens One Personal Loan?
We will need to see a reasonably strong credit history.
What is the minimum income required for a Citizens One Personal Loan?
The minimum income required for a Citizens One Personal Loan is $24,000.
Will this loan application impact my credit score?
Submitting a Citizens One Personal Loan application results in an inquiry on your credit report. Requesting a rate quote requires a “soft credit pull” which does not affect your credit score.
How will I receive the loan funds?
Approved borrowers will need to provide us with a U.S. domicile bank account, in their name, and routing information. The loan proceeds will be disbursed directly to the bank account provided.
What is a rate quote?
A rate quote allows applicants to request an interest rate estimate without completing a full personal loan application. Your final interest rates and loan terms will be based on the verified information entered in your loan application.
How do I request a rate quote?
You can request a rate quote on the orange “Get My Rate” button on this page. It takes as little as 2 minutes. Once you review your personalized interest rate quote, you may continue on to complete the online application.
Will a rate quote have an impact on my credit score?
A rate quote only uses a soft credit pull, which does not affect your credit score. A full application results in an inquiry on your credit report.
What information will I need to request a rate quote?
You will need the following personal information in order to request a rate quote:
- Social Security Number
- Date of Birth
- Email Address
- Phone Number
- Loan Amount
How long are the rates offered in the rate quote available to me?
The interest rates offered in the rate quote are what you will receive if you continue and apply for a Citizens One Personal Loan in session by selecting ‘Apply Now’ from the rate quote results page. If you come back at a later time, the initial rate quote offer may no longer be available to you. You may return at any time to request a new rate quote.
Can a co-applicant request a rate quote?
Yes. The primary borrower and co-applicant can each request a rate quote. When you submit a Citizens One Personal Loan application, the final interest rates and loan terms offered will be based on the higher of the two FICO scores.