Products
Does Santander offer personal loans?
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.
The full picture
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.
What Santander Bank offers
Santander Bank's personal loan product is a fixed-rate unsecured installment loan. Key terms verified at santanderbank.com:
- Loan amounts: $5,000 to $50,000
- APR range: 7.99% to 24.99% fixed (with ePay autopay enrollment from a deposit account)
- Terms: 36 to 84 months (3 to 7 years)
- Collateral: None required — fully unsecured
- Funding speed: Same-day funding available in some cases, depending on creditworthiness and instructions provided
Loan proceeds can be used for debt consolidation, home repairs, major purchases, or other personal expenses.
State availability — Northeast-heavy
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.
Santander Bank vs. Santander Consumer USA — two different companies
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.
What determines your APR
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.
Shop multiple lenders
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.
Application requirements
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.
What authoritative sources say
- Santander Bank personal loans are available in amounts from $5,000 to $50,000, with fixed APRs from 7.99% to 24.99% with ePay, and repayment terms from 36 to 84 months. Availability is limited to residents of select states. — Santander Bank — Personal Loans
- The CFPB defines a personal loan as a type of installment loan where lenders set their own approval criteria — there is no federal floor, and individual lenders vary widely in what credit scores and income levels they accept. — Consumer Financial Protection Bureau — What Is a Personal Loan
Key takeaways
- Santander Bank offers unsecured personal loans from $5,000 to $50,000 — not limited to auto lending.
- APR range is 7.99%–24.99% fixed with autopay; terms run 36–84 months.
- Geographic restriction: available only in select states (Northeast-heavy). Verify at santanderbank.com.
- Santander Bank and Santander Consumer USA are separate entities — the personal loan product is from Santander Bank, not the auto subsidiary.
- The CFPB recommends shopping multiple lenders before committing — pre-qualify at two or three sources using soft-pull offers.
- This page is educational. ClearValue Lending is not a lender, broker, or financial advisor.
Frequently asked questions
How much can you borrow with a Santander Bank personal loan, and what's the APR?
Santander Bank personal loans range from $5,000 to $50,000, unsecured, with fixed APRs from 7.99% to 24.99% (with ePay autopay enrollment from a deposit account) and terms from 36 to 84 months. Source: Santander Bank — Personal Loans.
Is a Santander Bank personal loan available in every state?
No — Santander Bank personal loans are available only to residents of select states, primarily Northeast-heavy: 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, and WA. Outside that list, the product isn't available regardless of credit profile.
Is Santander Bank the same company as Santander Consumer USA?
No — they're separate entities. Santander Bank (santanderbank.com) is the retail bank offering personal loans; Santander Consumer USA is a separate auto-lending subsidiary and is not a source for personal loans. CFPB enforcement actions involving Santander's credit reporting practices relate to the auto entity, not the retail bank's personal loan product.
What determines your APR on a Santander personal loan?
Santander sets your rate based on credit profile — credit score, income, existing debt load, loan amount, and term. The 7.99% floor is reserved for highly-qualified borrowers, the 24.99% ceiling applies to riskier credit profiles, and the ePay autopay discount from a Santander deposit account is already baked into the stated range.
What do you need to apply for a Santander Bank personal loan?
You'll need your Social Security number, employment and income details, and proof of income. Applicants must be at least 18 and a resident of a state where Santander Bank operates. The CFPB recommends getting pre-qualified with a soft credit pull at two or three lenders before committing, since personal loan rates vary significantly across institutions for the same borrower.
Published 2026-05-29 · Updated 2026-07-30 · https://clearvaluelending.com/answers/does-santander-offer-personal-loans