Personal Loans
Explore a variety of low-cost, fixed rate personal loans or use your home's equity for a line of credit.
What kind of personal loan are you looking for?
A personal loan could be the solution you need for large purchases like a boat, RV, ATV or automobile, or large expenses like home improvement projects, wedding expenses, vacations, emergency expenses and more. With a personal loan, interest rates and monthly payments remain fixed throughout the life of the loan. This makes it easier to plan and manage your budget. And with rates that are more affordable than standard credit card interest rates, a personal loan is also a great option to consolidate high-interest credit card debt. No matter what's next in your life, we want to make financing the easiest decision you make.
Effectively manage your budget with fixed monthly payments.
Fixed, personal loan interest rates from 10.50% APR to 14.75% APR
Local lenders are ready to support you through every step of the loan process.
Personal Loans FAQs:
A personal loan is a lump sum of money that can be used for large purchases like a boat, RV, ATV or automobile, or large expenses like home improvement projects, wedding expenses, vacations, emergency expenses and more. A personal loan is also a great way to consolidate high-interest credit card debt.
Completing an application for a personal loan will reflect on your credit report as a hard credit pull, but the small drop in score from this inquiry will disappear within a short time. Talk to a Simmons Bank lender to find out what kind of loan amount, rate and repayment term you qualify for.
No, a personal loan is an unsecured loan, which means there is no collateral required.
With a personal loan, interest rates and monthly payments remain fixed throughout the life of the loan, making it easier to plan and manage your budget. And with rates that are much more affordable than standard credit card interest rates, a personal loan is also a great way to consolidate high-interest debt and save money.
Simmons Bank operates in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Inquiries for HELOC are available only for residents of these states. Depending on the amount you need to finance, our Simmons Visa® offers great rates and is available to customers in all 50 states. To learn more, click here.
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{45} Advertised Annual Percentage Rate (APR) accurate as of May 5th, 2022 for well-qualified borrowers for automobile model years 2020
or newer and loan terms of no more than 36-months. APR offered may range between 3.65% APR and 4.85% APR depending on
creditworthiness, age of vehicle financed, length of loan, and other criteria. Payment example: $881.06 based on $30,000 lent over the 36
months term at the disclosed APR of 3.65%. Rates subject to change without notice.