What loan amounts are available?
Bank of Internet USA offers unsecured personal loans in amounts between $5,000 and $35,000.
How long do I have to repay my loan?
We offer 12, 24, 36, 48 and 60-month term options. All terms may not be available for all loan requests.
What is the difference between the preliminary loan offer and the final loan offer?
Your preliminary loan offer is a prequalified quote based on a limited set of questions. We will then ask you to verify some of the information you provided to complete your loan application. In some cases, the additional information given during the verification process affects the preliminary quote, and the final loan offer is adjusted to reflect those changes. Only the final loan offer is guaranteed, not the preliminary offer.
Once you have provided me with a loan rate quote, am I qualified for the loan I have requested?
No. We will use the information you provide in your loan application to determine whether you can be approved for the loan you requested. If we are able to verify your identity and the information you provided in your application, then the chances are good that you will be approved for a personal loan.
The loan I requested is not the same as the one I was approved for. How do you decide what kind of loan I will receive?
After we review all the information in your loan application and your credit history, we then determine the final loan terms based on what we believe you'll be able to pay monthly.