the Cost of Personal Loans

There was no loan originating fee, it was simply a signature loan at 9.25%. The other fees were pretty much removed as this loan was being paid back by direct deposit.

We had other loans with the same bank, and due to having a history with the bank the process was extremly easy. We simply called and talked with the banker (VP of loans), explained that I was going through school for a job promotion (this promotion couldn't get a student loan as the school is six months long and presented by the company I work for). I told her how much we would need as we had been preparing for the school. The service was outstanding, she processed the information and then told us the money was ready for deposit. We simply had to go and sign the paperwork (took all of five minutes) as the paperwork was ready. On an unsecured loan, I feel we did very well as many other places are slowing down on even giving loans at all (fear they may lose everything - due to economy). I really can't think of anything bad about the service. They actually worked pretty hard to get the loan (including met another banks interest rate).

Because of an established working relationship with the bank, there were no problems in gettig the loan.