Personal Loans
Personal Loans
Explore the benefits of a Personal Loan from Apple Bank.
Get a competitive, fixed rate on loans of $3,000 to $50,000 with flexible repayment terms of 3 or 5 years2.
No surprises or unexpected costs getting in the way of repaying your loan. No origination fees,
pre-payment fees or late fees.
Once your loan is approved, 100% of the funds are deposited into the bank account of your choice within one to two business days3.
Use a Personal Loan for virtually anything.
Pay down debt with a lower rate, consolidate multiple payments into one and, pay off higher-interest credit cards or other debt.
Pay for a wedding celebration, moving or buying a new car with the confidence of a fixed rate and a consistent monthly payment.
Finance home improvements without having to tap into your savings, use high-interest credit cards or your home as collateral.
Cover unforeseen expenses, such as car repairs or medical bills, with fast access to funds that are deposited directly into your bank account3.
Additional benefits of a Personal Loan.
Apple Bank’s unsecured personal loan allows you to borrow without using collateral.
With a fixed-rate loan, you can break down large expenses into more manageable, monthly payments.
Stay on track with automatic payments, so you never have to worry about missing a payment date4.
Apply for a Personal Loan online. It's secure, fast and easy.
Quickly find out the rate you may qualify for without affecting your credit score1. It only takes about 5 minutes.
Complete your personal loan application online and upload any required documents right from your personal device.
Funds are deposited directly into your bank account, usually within one to two business days3.
Have questions? We're here to help.
An Apple banker at your local branch is ready to assist you.
Or call: 914-902-2775 | TDD: 800-824-0710
Personal Loans FAQs
Answers to frequently asked questions.
You can borrow between $3,000 and $50,000. Your loan amount will be determined based on your application request, credit score, income, and other information provided in your loan application. Not all applicants will qualify for the full loan amount requested.2
No. There is no prepayment penalty for paying off a Personal Loan by Apple Bank before its maturity.
Loan eligibility is dependent on a number of factors, including confirmation of New York or New Jersey residence, credit score, income, and additional information provided in your loan application.
To check your rate in advance of completing your application, Apple Bank conducts a "soft" credit inquiry, which will not affect your credit score. If you complete the application process after receiving a rate, we will request your full credit report from one or more consumer reporting agencies using a "hard" credit inquiry, which may affect your credit.
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1When you check your rate, we perform a soft inquiry on your credit report. This initial “soft” inquiry will not affect your credit score. If you complete the application process, we will perform a “hard” credit inquiry which may impact your credit score. If you accept a loan, repayment information will be reported to the credit bureaus.
2Subject to credit approval. New York and New Jersey state residents only. No origination or application fee. Personal loans by Apple Bank feature rates no greater than 24.99% Annual Percentage Rate (APR), with available terms of 3 years (36 months) or 5 years (60 months). Rate and term are based on creditworthiness, income, and information provided in your loan application. Longer repayment terms may have higher rates.
3If you accept your loan by 5:00 pm ET (not including weekends or holidays), you will generally receive your funds the next business day. If accepted after 5:00 pm ET Monday-Friday or during the weekend or holidays, you will generally receive your funds two business days later.
4While many borrowers opt for automated recurring payment for ease of use, we also accept payments by check or one-time electronic payments. Borrowers have the flexibility to choose the repayment method that works best for them.