Online Bank Info

Online Bank Info

Huntington Personal Loans

With the APR as low as 16.35%, Huntington Bank personal loans can be a good way to pay for medical bills, college fees, and outstanding dues on credit cards and other loan instruments. The unsecured loan can be obtained for a period of 3 or 4 years at interest rates ranging between 8% and 10%. Note that all these rates and APRs are subject to change and are highly dependent on a borrower’s geographic location, credit history and other factors.

Huntington unsecured personal loans are, however, not available for residents other than the states of Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia. In fact, these are the states where the bank, headquartered in Columbus, OH, offers its retail and commercial financial services that include various kinds of secured and unsecured loans, such as home mortgages, home equity loans, installment loans, personal credit lines, and credit cards.

Secured vs. Unsecured Loans

Both have advantages and disadvantages. While a secured loan can offer you the lowest interest rate and more flexible payment terms, you are always at the risk of losing your home, vehicle or anything of value that you own. An unsecured loan, on the other hand, can be quicker to obtain and is usually risk-free. The downside with such a loan is that the interest rate can be unusually higher.

For example, Huntington Bank can offer an interest rate between 3.5% and 5% on auto loan, which is an instance of a secured loan. The rate of interest on an unsecured personal loan, on the other hand, can be no less than 8%. Note that these rates have only been used here for illustration purposes. For actual rates, you must check with your local Huntington Bank branch.

Also note that the rates on an unsecured personal loan can vary depending on the borrower’s credit history. Get a copy of your credit report and correct any mistakes if there is any. A lender must pull a copy of this report as part of the personal loan application and approval process. You may want to wait until your credit score improves so as to qualify for the best interest rate at Huntington National Bank.

Unsecured Personal Loan Application at Huntington Bank

To apply for an unsecured personal loan at Huntington Bank, you can either call its customer service phone number or visit its website online. You can also visit a brick-and-mortar branch of the bank for more personalized assistance.

The phone number to talk to a loan specialist is 1-888-841-6458, which is accessible between 8:00 am and 7:00 pm ET, Monday through Friday, and between 8:00 am and 5:00 pm ET on Saturday. To apply online, you need to fill out an application form with your personal and other details. You will instantly be informed through an email about the likelihood of your application’s approval.

If you wonder why you should consider Huntington Bank personal loans when the market is brimming with other personal financing options, then here are some important distinctions.

  • Lower interest rates: Hunting Bank interest rates are among the lowest. Moreover, you can reduce it further by 0.15% by enabling AutoPay.
  • Faster Pay off: You can set up weekly or bi-weekly payments to make, at least, one payment extra in a year. This will help you reduce the loan balance faster.
  • No hurry for first payment: Huntington Bank allows you have some days of peace before beginning the payment cycle. The first payment can be extended up to 60 days.
  • Easy payment: Your cash inflow may not always be the same. That’s why Huntington Bank allows you to skip a payment and make it up later.

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