At a Glance
Rates & Fees
Key Features
No origination fees or prepayment penalties
Existing Citizens customers may qualify for a relationship discount
Fixed-rate loans up to 7 years
Pros & Cons
Pros
- No fees advertised on the loan itself
- Long repayment terms available
- Relationship discount for existing bank customers
Tradeoffs
- Not available to residents of all states
- Minimum credit score higher than some online lenders
How to Apply
Check your rate with Citizens Bank — most personal loan lenders let you pre-qualify with a soft credit check that doesn't affect your credit score.
Compare the estimated APR, term, and monthly payment against at least one other lender before committing.
Gather proof of income, identification, and bank account details for the formal application.
Submit the full application directly on Citizens Bank's site; approval typically requires a hard credit inquiry.
If approved, review the final loan agreement for the origination fee and funding time (1–2 business days) before signing.
How It Compares
Current product highlighted| Product | APR Range | Loan Amount | Origination Fee |
|---|---|---|---|
| Citizens Personal Loan | 7.99%–24.99% | $5,000–$50,000 | None |
| LightStream Personal Loan | 7.24%–24.89% | $5,000–$100,000 | None |
| SoFi Personal Loan | 6.99%–35.49% | $5,000–$100,000 | None (optional fee for lower rate) |
| LendingClub Personal Loan | 5.96%–35.96% | $1,000–$75,000 | 0–8% |
Rates and terms shown are illustrative as of 2026 and vary based on creditworthiness, income, and loan amount — always confirm current terms directly with the lender.