Important disclosure

United Bank Personal Loans Calculator & Overview

Carla Soto
Updated 11 Aug 2023
Fact checked

United Bank logo

United Bank was founded in 1839 and is the second largest bank in West Virginia. This Charleston-based financial institution has more than $267 billion in total assets. They have a broad range of financial products such as loans and credit cards, mortgages and refinancing services, insurance, Certificate of Deposit (CDs), and individual retirement accounts (IRAs).

Whether you need money to cover unexpected expenses or to finance a dream vacation, having access to credit remains as important as ever. Are you considering taking out a personal loan from United Bank? Let the United Bank personal loans calculator reveal your potential monthly repayments.

Personal loans have an annual percentage rate (APR) varying from around 3% to 36% APR. The interest rates you can receive will depend on a range of factors, such as your credit score, income, and debt-to-income ratio. On a loan of $10,000 over 5 years, the cost could vary between $10,781 and $21,680. The interest cost is between $781 and $11,680.

An overview of United Bank personal loans

United Bank doesn’t have specific information about the key features and benefits of its unsecured personal loan product. But like other lenders that offer personal loans, United Bank will probably offer flexible loan amounts and repayment terms based on your financial profile, credit history, and repayment terms. Lower interest rates may also be available for those with higher credit scores. You can also inquire if their loan products have upfront fees and penalties for late payments.

United Bank does not have a specific list of borrower criteria. However, most lenders expect loan applicants to submit documents related to the following requirements:

  • Proof of identity: This is to determine if you’re a United States citizen or permanent resident and if you’re at least 18 years of age. You’ll typically need to present two forms of identification, such as birth certificate, driver’s license, passport, or social security card.
  • Proof of your living situation: This is to determine if you are a permanent US citizen or resident. You can usually use one of the following: utility bill, proof of insurance on your home, lease/rental or vehicle, lease or rental agreement.
  • Proof of capacity to pay: Lenders need to be confident that you will repay the loan. If you are traditionally employed, submit a copy of your pay stubs, W-2s and 1099s, employer statement. If you are a business owner or a self-employed applicant, submit a copy of your tax returns, bank statements, or annuity statements.
  • Good credit score and DTI ratio: Lenders require applicants to meet a certain credit score threshold (beyond 700) and DTI ratio for approval (lower than 40%). However, these requirements aren’t set in stone.

United Bank personal loan calculator

Loan Amount

$20,000

Term

3 months

People's United Bank

People's United Bank personal loans

Estimated Month Repayments
Interest Rate
9.99%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
$1,000
to $20,000
Whether you want to consolidate debt, pay for a wedding or simply take that dream vacation, People's United has a financing solution to meet your everyday needs.
United Bank

United Bank personal loans

Estimated Month Repayments
Interest Rate
28.90%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
$1,000
to $20,000
With flexible rates and terms, along with local lenders, you can receive financing today to make your next purchase. Our experienced lenders are located in your neighborhood, so decisions can be made locally and quickly.

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Minimum and maximum loan periods vary between 1 month and 10 years. Annual Percent Rates (APR) vary between 4.99% and 35.99% p.a. Total interest repayments vary between $592 and $916 over the life of the loan. *APR is based on an unsecured loan of $20,000 over a term of 3 years. WARNING: This APR is true only for the examples and may not include all charges. Different terms, fees or loan amounts might result in a different APR. These rates can change without further notice.

 

Pros and cons of United Bank personal loans

Pros

  • You can inquire about loan products via phone or email

Cons

  • No specific information regarding loan amount and interest rates
  • Borrower criteria is unclear
  • Online application is not available

Frequently asked questions

What can I use the United Bank personal loan for?

United Bank personal loans can be used for almost whatever you want. The funds can help you accomplish life goals and take care of your family’s finances. Use the money to pay for home, school, business, or leisure expenses.

How much does United Bank offer for its personal loans?

There is no information regarding United Bank personal loan amounts.

What are the potential rates for a personal loan from United Bank?

Interest rates for a United Bank personal loan are undisclosed.

Can I apply for a United Bank personal loan if I have a low credit score?

Approval for a United Bank personal loan is based on your creditworthiness and proof of stable income. If you have a low credit score, work to improve it so you can get the best deal that will help you achieve your financial goals.

Where can I find the online banking login for United Bank?

Account access through online banking is available at the United Bank website.

Is United Bank Mobile Banking available?

Yes, it is. With the easy-to-use digital services of United Bank, you can have 24/7 access to your online account. Download the app here.

What number do I need to call to ask about personal loans from United Bank?

You can call 800.327.9862 to find out more about United Bank personal loans.


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Carla Soto
Carla Soto

Carla is a skilled copywriter at BestFind with a background in marketing and communications. She specializes in reviewing personal loan and finance products to help readers navigate the complex world of personal finance.

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