Yes — Santander Bank offers unsecured personal loans from $5,000 to $50,000 with fixed APRs from 7.99% to 24.99% (with autopay) and terms from 36 to 84 months. However, Santander Bank is only available in select states, primarily in the Northeast and a handful of other markets. If you're outside those states, Santander is not an option.
Santander Bank offers unsecured personal loans in the United States — but only in select states. If you've been Googling "does Santander do personal loans," the short answer is yes, with an important geographic caveat.
Santander Bank's personal loan product is a fixed-rate unsecured installment loan. Key terms verified at santanderbank.com:
Loan proceeds can be used for debt consolidation, home repairs, major purchases, or other personal expenses.
Santander Bank operates primarily in the Northeast US and is not a nationwide bank. Personal loans are available only to residents of these states: AZ, CA, CO, CT, DC, DE, FL, GA, IL, IN, MA, MD, ME, MI, MN, MO, NC, NH, NJ, NY, OH, OR, PA, RI, TN, TX, VA, VT, WA.
If your primary residence is outside that list, Santander Bank personal loans are not available to you regardless of your credit profile.
An important clarification: Santander Bank (the retail bank) and Santander Consumer USA (the auto-lending subsidiary) are separate entities. Santander Consumer USA focuses almost exclusively on auto loans — it is not a source for personal loans. CFPB enforcement actions you may have seen about Santander Consumer USA's credit reporting practices relate to the auto entity, not the retail bank's personal loan product. When comparing personal loan options, you want Santander Bank (santanderbank.com), not Santander Consumer USA.
Santander sets rates based on your credit profile — credit score, income, existing debt load, loan amount, and term. The 7.99% floor is available only to highly-qualified borrowers, and the 24.99% ceiling applies to riskier credit profiles. The ePay autopay discount (from a Santander deposit account) is baked into the stated APR range; rates without autopay may be higher. The CFPB recommends shopping at least two to three lenders before committing, because personal loan rates vary significantly across institutions for the same borrower.
Santander's rate range (7.99%–24.99%) overlaps with what credit unions, online lenders, and other banks offer. Getting pre-qualified at two or three lenders with a soft credit pull — so your score is not affected — lets you compare actual offers rather than advertised ranges.
To apply you'll need: your Social Security number, employment and income details, and proof of income. You must be at least 18 and a resident of a state where Santander Bank operates.