Personal Loans

A Regions personal loan gives you the freedom to cover any expense at a fixed rate. Receive funds quickly in one lump sum and pay the loan back over a predictable monthly amount.

Find the personal loan that fits your needs

no collateral, Fixed-rate loan
Unsecured Loan

No collateral required. Interest rates1 as low as 9.24% APR.


Maximum loan amount for existing customers2 is $50k.

use a regions account balance as collateral
Deposit Secured Loan

Secure funds at a low, fixed interest rate with a Regions CD, savings or money market account.


Maximum loan amount is up to 100% of available balance in a deposit account securing it.

Use an rv, boat or utility vehicle as collateral
Secured Installment Loan

Secure funds to purchase or refinance a recreational vehicle at a low, fixed rate.


Each vehicle type has an individual maximum loan amount ranging from $5k – $300k.

Why our Unsecured Loan is so popular

You get access to the full amount faster because there’s no collateral required. There are no origination fees, you receive a fixed rate for the life of your loan and you could receive the funds the same day you're approved.

Fast and secure application process

Apply at your convenience for prompt funding

Current customers can apply for up to $50k by phone or in a branch2.

Interest rate as low as 9.24% APR

Competitive fixed rates based on amount, terms and credit score.

Application decisions in minutes

Complete a loan application to receive your loan options within the same day2.

No origination fees

Submit an application without the worry of origination fees, application fess, or prepayment penalties3.

Personal Loans FAQ

  • A personal loan:

    • Fixed interest rates
    • Fixed repayment terms
    • Can be secured (referring collateral) or unsecured (requiring no collateral)
    • Accrues interest as soon as the loan is deposited
    • Typically offers lower interest rates than personal lines of credit

    With a personal loan, you will need to know upfront how much money you want to borrow. When you apply for a personal loan, you receive a fixed amount of money and repay it at a fixed interest rate over a fixed period, often referred to as a “term.” Terms generally range from 12 – 60 months. Personal loans typically have a lower interest rate than personal lines of credit, and interest begins accruing at the time you accept the loan. Because a personal loan offers fixed interest rates, it’s commonly used to consolidate high-interest debt. You can use our debt repayment calculator to compare what repayment options may look like.

    Because secured loans require collateral, they may have lower interest rates.

    A personal line of credit

    • Variable interest rates
    • Flexible repayment terms
    • Can be secured (requiring collateral) or unsecured (requiring no collateral)
    • Begins accruing interest once you access the funds
    • Typically have higher interest rates than personal loans

    With a personal line, you don’t need to know upfront how much money you want to borrow. A personal line of credit is more flexible. Once you’re approved for the funds, you can use some of the funds, pay down your balance and access your available credit line again and again. For instance, if you’re approved for a $20k unsecured line of credit, you could use $10k immediately to upgrade your screened in porch, and in a year, decide to use the other $10k to repaint it. Unlike personal loans, personal lines of credit offer variable interest rates that can change, and you only start paying interest on a line of credit once you access any portion of the funds available to you.

    While personal lines of credit typically have higher interest rates than personal loans, secured lines of credit tend to have lower interest rates than unsecured lines of credit since the secured line of credits require collateral.

    Want to learn more about personal loans versus personal lines of credit? Watch this short video. Watch this short video

  • In order to apply for a personal loan with Regions, you may need specific documents and information on hand.

    Here are some of the documents and info you may need to have ready:

    • Contact information
    • Social Security Number
    • Date of birth
    • Employer details
    • Primary home address
    • Loan amount
    • Purpose of loan
    • Income documentations

    Current Regions customers may need their ATM/Debit card number or existing Online Banking login credentials.

  • Current Regions customers can apply online, by phone or in a branch

    Current customers can apply in a branch or by phone for a Regions Unsecured Loan or Deposit Secured loan. Additionally, applications may be submitted online for a Deposit Secured loan. Apply by phone at 1-888-462-7627 Monday – Friday from 6 am to 7 pm, Saturday 8 am to 2 pm.

    Non-customers can apply by phone or in a branch

    Non-customers cannot apply online for personal loans at this time. However, non-customers can apply in a branch or by phone. Find a branch or make an appointment with a banker to learn more. Apply by phone at 1-888-462-7627 Monday – Friday from 6 am to 7 pm, Saturday 8 am to 2 pm.

Not sure a personal loan fits your needs?

If you’re not sure how much money you need, when you’ll need it or how long it may take you to repay funds, consider one of our most popular lines of credit –– the Preferred Line of Credit.

Get helpful information and guidance about personal loans

Learn more about when to use personal loans, differences between loans and lines of credit, how to prepare for your application and more.