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Personal Loans

Life can be expensive. We can help.

Borrow up to $45,000 with flexible terms to fit your needs. Use a personal loan to pay off high rate credit cards and other high-interest debt, to make home improvements, and more.

Personal Lending for Medical Professionals

Customized loans for physicians and dentists

Borrow up to $80,000 with low, fixed interest rates.

Personal Loan for Medical Residents

Borrow against your earning potential

Personal loans for health professionals, with approval decisions based on what you are likely to earn after residency.

In-School Loans

We can help you get where you want to go, faster

Get on the road to success with low rate student loans to help finance your MBA.

Fund the Unexpected

The simple solution for personal lending.

Apply Now

The Laurel Road Difference

Online Application

Complete the entire process online from home at your pace

Low Rates*

Fixed APRs as low as 5.50%

Autopay Discount*

Eligible for discount of 0.25% when monthly payments are made automatically from a bank account

Quick access to funds

Money disbursed directly to your bank account

Calculate Your Payments

Please input an amount no greater than our maximum loan amount of $

Your estimated monthly payment

$167–$220

With a fixed rate of 3.75%–5.90%

Check My Rates

These calculations are only an estimate. Your actual payments will depend on the actual amount for which you are approved. Eligibility and rates offered will depend on your credit profile, total monthly debt payments, and income. Rates in the above calculations include a 0.25% discount for making automated payments from a bank account. Read important additional information below.

Term
3 year
4 year
5 year
Fixed
5.50%—10.74%
6.00%—11.24%
6.50%—11.74%
Check My Rates

Eligibility and rates offered will depend on your credit profile, total monthly debt payments, and income. Rates in the above table include a 0.25% discount for making automated payments from a bank account. Read important additional information below.

In-School Loans for Graduate Studies

Laurel Road can help you get where you want to go, faster.

Get Started

Learn About Personal Loans

Understand the ins and outs of personal lending.

Frequently Asked Questions

Questions come up, and we have answers.

  • Who is eligible for a Laurel Road Personal Loan?

    All U.S. Citizens or permanent residents with a valid I-551 card (which must show a minimum of 10 years between “Resident Since” date and “Card Expires” date) are eligible to apply for a Laurel Road Personal Loan. Loan eligibility also depends on your credit history and financial profile.

  • How is Laurel Road able to offer such low rates?

    Laurel Road recognizes that the best borrowers are those that carry lower risk. We have a team of financial experts that work to assess the rates we can offer based on risk criteria and since we work with credit worthy borrowers, we are able to offer favorable rates.

Disclaimers

* Terms and conditions apply.

Terms and Conditions

PERSONAL LOAN – RATE DETAILS, TERMS AND CONDITIONS

Laurel Road Bank is a Connecticut state-chartered bank offering products in all 50 U.S. states, Washington, D.C., and Puerto Rico.

Lending services provided by Laurel Road Bank, Member FDIC.

Laurel Road Bank is an Equal Opportunity Lender.

© 2018 Laurel Road Bank.

AUTOMATIC PAYMENT

Authorizing the loan servicer or lender to automatically deduct monthly payments from a bank of your choice. Borrowers receive a 0.25% rate discount if they pay via Automatic Payment.

APR is defined as Annual Percentage Rate.

FIXED APR – Standard Personal Loan

Loans are available in terms ranging from 3 to 5 years, and with APRs ranging from 5.75% per year to 10.99% per year for a 3 year loan, 6.25% per year to 11.49% per year for a 4 year loan, and 6.75% per year to 11.99% per year for a 5 year loan.

PAYMENT EXAMPLES

Monthly payments can range from $196.83 to $327.34 for a $10,000 loan. Monthly payments can range from $885.76 to $1,473.03 for a $45,000 loan.

INTEREST RATES

The interest rate you are offered will depend on your credit profile, income, and total debt payments.

FEE INFORMATION

Laurel Road has no origination fees.

LOAN AMOUNT

Minimum loan amount of $1,000. Maximum amount of $35,000 for loan purposes of Auto Purchase, Business, Green Loan, Moving Expenses, and Other. Maximum loan amount of $45,000 for loan purposes of Debt Consolidation, Major Purchase, and Home Improvement. Additional proof of use documentation is required to be eligible for loan amounts in excess of $35,000.

ELIGIBILITY

Must be a U.S. Citizen, or Permanent Resident with a valid I-551 card and meet Laurel Road underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).

DISBURSEMENT OPTIONS

The repayment of any loan will commence immediately after disbursement by Laurel Road.

LAUREL ROAD RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.

This information is current as of March 22nd, 2018 and is subject to change.