Citibank personal loans could help you get money in your checking account in almost no time. But, there’s a catch!
What do you need to know about these types of personal lines of credit and loans before you apply? We dig into the details below, so you’ll be prepared before you apply online.
[ Editor's Note: This guide on personal loans is designed for anyone looking for up to $35,000. Get the money you need immediately. Click here to apply online now ]
My Personal Finance Journey
My name is Ryan and as an Architectural Consultant I help homeowners design and build their dream homes. However, the biggest obstacle that keeps most people from getting the home of their dreams is financing.
Not only do homeowners need help getting home loans, but sometimes they need help making ends meet each month. Does this sound familiar?
When this happens where should you turn for help?
If you’re in this same position, I have good news. Help is available to you. You can get approved instantly for up to $35,000 online.
The good news is that you can get anywhere from $500 to $50,000 when you need it most. Whether you plan on buying a car, consolidating debt or renovating your home, you can rest assured that you have access to low interest financing.
Plus, if you need extra time to repay your loan, Citibank offers loan terms of 24, 36, 48 and 60 months.
Before you apply for Citibank personal loans online it’s important to make a quick distinction about the products they offer. A personal line of credit is available with a Checking Plus account. This is a revolving line of credit with a variable interest rate. On the other hand, they also offer a fixed rate personal loan which can be used for large purchases or unexpected bills.
So, what’s the catch?
In order to qualify for these loans you must have at least one Citibank account. Moreover, to get a personal loan your account must be open for at least one month and you must have made a deposit into your account in the last three months.
Accounts that qualify include a Citibank deposit account, home mortgage or Citi-branded credit card.
What if you are denied for a personal loan or don’t have an active checking account?
Alternatives to Citibank Personal Loans
Today there are more options for personal loans online than there ever have been. That’s great news for families that need to get a loan.
The best part is that you can get an unsecured loan online without stepping foot into a bank.
Although many banks have greatly increased their lending restrictions, new types of financing is still available to those with less than perfect credit.
One of these options is peer to peer lending. Sites like Prosper and Lending Club connect individual investors to borrowers online. Since they are not a bank there are fewer fees and lower interest rates available to borrowers.
Even if you’re unfamiliar with peer to peer lending, you can take confidence in the fact that over $1 billion in unsecured loans have been issued over the last few years. That number will only continue to grow. Don’t miss out on your chance to grab the money you need at low interest rates.
Unfortunately, personal loans from peer to peer lending sites are not available in all states. In the event that you are unable to get a Citi personal loan, you may want to consider Bank of America Personal Loans as a back up financing plan.
If you’ve applied for Citibank personal loans, feel free to leave a comment or review on our site. Our community will be better for it!
P.S. This is your last chance to get up to $35,000 in your bank account. Get approved instantly! Click here to apply online now