SmartRatesUSA
Personal Loan Review🏦 Best for Existing Regions Customers

Regions Personal Loan

Regions Bank

APR 8.74%–29.99% on loans from $2,000 to $50,000.

At a Glance

APR Range

8.74%–29.99%

Loan Amount

$2,000–$50,000

Term Length

36–60 months

Min. Credit Score

640

Origination Fee

None

Funding Time

As soon as same day for existing Regions customers

Rates & Fees

APR Range

8.74%–29.99%

Origination Fee

None

Prepayment Penalty

None

Late Fee

Up to $37 or 5% of the payment, whichever is less (varies by state)

Autopay Discount

0.25% APR discount for automatic payments from a Regions checking account

Funding Time

As soon as same day for existing Regions customers

Key Features

Same-day funding available for existing Regions customers

Fixed-rate, fixed-term installment loan

In-branch and online application options across the Southeast/Midwest footprint

Pros & Cons

Pros

  • Fast funding for existing bank customers
  • No origination fee
  • Rate discount for autopay from a Regions account

Tradeoffs

  • Best rates and speed require an existing Regions relationship
  • Branch footprint limited to Regions' operating states
  • Smaller max loan amount than LightStream or SoFi

How to Apply

Check your rate with Regions 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 Regions Bank's site; approval typically requires a hard credit inquiry.

If approved, review the final loan agreement for the origination fee and funding time (as soon as same day for existing regions customers) before signing.

How It Compares

Current product highlighted
ProductAPR RangeLoan AmountOrigination Fee
Regions Personal Loan8.74%–29.99%$2,000–$50,000None
LightStream Personal Loan7.24%–24.89%$5,000–$100,000None
SoFi Personal Loan6.99%–35.49%$5,000–$100,000None (optional fee for lower rate)
LendingClub Personal Loan5.96%–35.96%$1,000–$75,0000–8%

Frequently Asked Questions

What credit score do I need for a Regions Bank personal loan?

Regions Bank generally looks for a credit score around 640+ for the Regions Personal Loan, though your actual rate within the 8.74%–29.99% range depends on income, debt-to-income ratio, and loan term.

Does Regions Bank charge an origination fee?

Regions Bank's origination fee is listed as "None." An origination fee is typically deducted from your loan proceeds up front, so it affects how much cash you actually receive.

How fast does Regions Bank fund a personal loan?

Regions Bank advertises funding times of "As soon as same day for existing Regions customers." Actual timing can vary based on verification requirements and your bank's processing speed.

Are there prepayment or late fees on the Regions Personal Loan?

Prepayment penalty: None. Late fee: Up to $37 or 5% of the payment, whichever is less (varies by state). Paying off a personal loan early is usually fine as long as there's no prepayment penalty, but always confirm before making a large extra payment.

How does the Regions Personal Loan compare to other personal loans?

See the "How It Compares" table on this page for a few close alternatives side by side, or browse the full list of personal loans to compare APR, loan amount, and fees across more lenders.

Other Personal Loans

LightStream Personal Loan

7.24%–24.89% APR

SoFi Personal Loan

6.99%–35.49% APR

LendingClub Personal Loan

5.96%–35.96% APR

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.

← Compare all personal loans