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Insider experts select the best products and services to help you make smarter decisions with your money (here’s how). In some cases, we receive commissions from our partners, but our opinions are our own. Terms apply to offers listed on this page.
old national personal loans
old national personal loan
commission
$150 document fee, $10-15 late fee after 10 day grace period
old national personal loan
commission
$150 document fee, $10-15 late fee after 10 day grace period
on the Old National site
loan details
commission
$150 document fee, $10-15 late fee after 10 day grace period
pros and cons
highlight
Pros and Cons of Old National Personal Loans
Old National is best suited for borrowers with excellent credit and access to the lowest interest rates that are very competitive with other lenders. Borrowers looking to finance home renovation projects can also obtain terms of up to 84 months. This may be longer than other lenders offer.
However, borrowers pay hefty fees when borrowing from Old National, and residents of 26 states are not eligible for loans.
Old National Personal Loan Comparison
Old National comparison
Editor’s rating
Normal APR
6.99% to 25.00%
Editor’s rating
Normal APR
7.99% to 35.99%
Editor’s rating
Normal APR
7.99% to 35.99%
Old National Personal Loan and Best Egg Personal Loan pay late fees, but LendingPoint does not. The Old National Personal Loan has a fee of $10-$15, while the Best Egg Personal Loan has a late fee of $15. The Old National Personal Loan has a $150 paperwork fee that must be paid at the time the loan is taken out. Best Egg Personal Loan origination fees range from 0.99% to 5.99% of the loan amount, while LendingPoint Personal Loan fees are up to 6%.
All three lenders have similar loan amount ranges. At Best Egg, loan amounts range from $2,000 to $35,000, though limits may vary by state. Old National ranges from $2,500 to $35,000 and LendingPoints have a minimum of $2,000 and a maximum of $36,500.
See how personal loans are rated »
Frequently Asked Questions
Old National is a Better Business Bureau accredited company with an A+ grade from the BBB. BBB is a non-profit organization focused on consumer protection and trust that evaluates companies based on their responsiveness to customer complaints, honesty in advertising, and transparency in business practices.
The Old National Bank was at the center of a recent scandal.
In 2021, Old National Bank agreed to initiate loans of more than $27 million to black borrowers and black-majority communities in Marion County, accusing the bank of discriminating against black applicants applying for mortgages. and settled a lawsuit filed in the Southern Indiana District Court.
While this is not directly related to the personal loan business, it may offend the company’s reputation. In that case, you should choose another lender.
Interest rates on Old National Bank loans range from 6.99% to 25.00%. The higher your credit score, the more likely you are to qualify for lower interest rates.
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