If you decide to go the other route and increase your income, make sure the income is documentable. Consolidate debt or finance major purchases with our Express Personal Loan. This is everything you need to know to make a good choice. We leveraged the J.D. The bank is now among the 25 largest banks based on commercial deposits, and is one of the largest banks in Alabama, Arizona, and Texas. BBVA delivers faster service delivery and more self-service tools for customers through its systems of ATMs, local branches and mobile/online banking features. "reviewRating": { overall rating. Advertiser Disclosure: Many of the savings offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This review will focus on BBVA’s unsecured personal loan product—and everything you need to … }, For loans up to $9,999, you’ll pay a surcharge of $60. Benefits Include: Competitive personal loan rates; No collateral requirements; … Paying down your debt also improves your credit score, so it is the best option to take. BBVA doesn’t list a minimum credit score requirement for their loans, nor do they list a minimum income requirement. This will impact your monthly payment and how much interest you will pay over the life of the loan. Usually, these codes are sent to current customers or people who live near a BBVA branch. That results in significant savings if you have a large loan balance. There are no collateral requirements. Read Also: Upstart Personal Loans Review. We looked at the three most common fees — origination, late payment, and pre-payment — and penalized lenders for each fee charged. For example, if your Express Personal Loan has a longer term than the debts you are consolidating, you may not realize savings over the entire term of your new Express Personal Loan. And you could get your funds the same day you’re approved — fast for a bank. After reviewing the customized offer, you may select your loan term. The company offers a full suite of banking products, including deposit accounts, credit cards, loans, mortgages, and investment accounts. We may mention or include reviews of their products, at times, but it does not affect our recommendations, which are completely based on the research and work of our editorial team. Another benefit of BBVA is the fact you can borrow up to $100,000 if you apply in a physical branch. Personal loans between $2,000 and $9,999 add a $60 surcharge; Personal loans more than $10,000 add a $120 surcharge; The surcharges account for the processing fees for handling BBVA Compass personal loan applications, as well as the administrative fees for maintaining customer accounts. Reviews from BBVA employees about working as a Loan Specialist at BBVA. BBVA customers who already have a checking account with the bank. Yes, your BBVA checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #19048).The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. BBVA has online accounts that are worth a look, with access to thousands of ATMs, including locations in Puerto Rico, Canada, Mexico, the United Kingdom and Australia. How we make money: The Simple Dollar is an independent, advertising-supported publisher and comparison service. If you’re in the market for a personal loan and already have a checking account with BBVA, it would be difficult to find a better offer than with your own bank. Our competitive low rates make borrowing affordable and easy. BBVA Compass Personal Loans Review BBVA Compass personal loans are under a leading U.S. banking franchise company, which has operations around the Sunbelt Region and is ranked in the top 20 biggest U.S. commercial banks, which are have deposit market share basis. Take the time to consider all of the options available to you. Get pre-qualified for a personal loan without a hard inquiry on your credit report. Your credit score is a numerical measure of your financial trustworthiness in the eyes of lenders. Their personal loan offering — the BBVA Express Personal Loan — is an extre… Even then, you can only borrow up to $35,000 through their online loan application process. If you're wondering whether BBVA Rewards Card is the right card for you, read on. BBVA Loan Programs. BBVA offers loans with terms ranging from 12 to 72 months, making it easy to customize the loan to your needs. MyBankTracker and CardRatings may receive a commission from card issuers. Get a fixed APR between 4.99% and 28.99% with auto-debit from a BBVA checking account. We are not contractually obligated in any way to offer positive or recommendatory reviews of their services. Re: BBVA Personal Loan Forgot to mention I ha e 3 paid charge offs, paid last year dofd 2014 and was approved. Even a single missed or late payment can reduce your score by 50 points or more. Apr 4, 2019 - BBVA offers an array of personal and business banking solutions for individuals, commercial customers, and corporations. Requesting a BBVA Personal Online Loan is this simple: Fill out the application form. Once you’ve decided that you’re going to apply for a personal loan, you should do whatever you need to do to make sure your application is approved. There are no collateral requirements. Long-term loans also tend to charge higher rates, further increasing their costs.   However, BBVA's mobile app earned the 2019 Javelin Mobile Banking Leader ranking for functionality, making it the sixth consecutive year BBVA got high marks. Rev. These offers do not represent all deposit accounts available. "@context": "http://schema.org/", Providing incomplete or unclear information to the lender can significantly reduce your chances of getting approved for a loan. The BBVA Express personal loans offer the potential for great rates and quick funding times. You won’t have to worry about early repayment fees at BBVA either. Personal Loans Home Loans Auto Loans. You may even qualify for same-day funding if you apply online (for loan amounts up to $35,000). This content is not provided or commissioned by the bank advertiser. If you want to apply online, you’ll need to have an offer code that you received in the mail or through an e-mail from BBVA. We follow a rigorous editorial policy designed to keep our writers and editors independent. Getting a personal loan from BBVA is not a bad idea -- given how accessible it is for those in the South and the West. Read Also: Upstart Personal Loans Review. BBVA Compass offers an array of personal and business banking solutions for individuals, commercial customers, and corporations. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. BBVA Compass offers an array of personal and business banking solutions for individuals, commercial customers, and corporations. Read real Personal Loan reviews written by Credit Karma members. This site may be compensated through the bank advertiser Affiliate Program. BBVA Compass offers an array of personal and business banking solutions for individuals, commercial customers, and corporations. "ratingValue": 3, Please find below car loans offered by BBVA. Short-term loans require higher monthly payments but give less time for interest to accrue. BBVA customer reviews are limited on the LendingTree platform, however borrowers’ comments are overwhelmingly positive about their experiences with the lender. The Simple Dollar is an independent, advertising-supported publisher and comparison service. Borrow up to $100,000, or up to $35,000 with an online reservation code. Home Equity Line of Credit (HELOC). He has also contributed to publications and companies such as Investment Zen and Echo Fox. BBVA has a series of accounts that are worth a look, and access to over 64,000 ATMs in the U.S. and beyond. On the consumer side of the spectrum, their offerings include mortgages, home equity loans, auto loans, and personal loans. For loan amounts of $10,000 or more, the surcharge jumps to $120. Overall review of BBVA’s banking products. BBVA Compass, the U.S. subsidiary of the global financial services group BBVA, now offers near instantaneous decisioning and potential same day funding for both customers and non-customers with the footprint wide(1) opening of the fully digital BBVA Compass Express Personal Loan.. With the Express Personal Loan, customers and prospects can consolidate debt or fund … He aims to provide actionable advice that can help readers better their financial lives. Which length you choose depends on your preferences and your ability to make monthly payments. Power’s study, we skipped this aspect and averaged the four remaining aspect scores.). Answer a few questions to see which personal loans you pre-qualify for. The amount you owe is the second largest factor. Borrow up to $100,000, or up to $35,000 with an online reservation code. Before you fill out your application, consider these tips for improving your chances of getting approved. Residents of … Learn more about this and other mortgage lenders at Bankrate.com. A lifelong resident of Indiana, she enjoys gardening, reading, and traveling the world with her husband and two children. You have the right to withdraw from the loan contract without incurring a cancellation fee for a period of 14 calendar days from the date you sign. Its APRs may not be the most competitive, but BBVA USA may consider applicants with less-than-stellar credit. "worstRating": 1, Californians can get around this requirement by visiting a branch or calling. You might not see the effect of making on-time payments on your debts for months or years. Identifies five measurable aspects to compare across each brand, Determines the rating criteria for each aspect score, Averages the five aspect scores to produce a single SimpleScore. "name": "BBVA Personal Loans" BBVA Compass Personal Loans: Key Takeaways. Send us the documentation we request. If your borrowing needs are greater than that, you’ll need to apply for your personal loan in a physical bank branch. The information you’ll be asked to provide will often include: It might seem like a daunting task to get all of that paperwork together, but it’s a very important part of the process. A complete list of your debts, including student loans, auto loans, personal loans and credit cards; BBVA reviews and complaints. Learn about BBVA culture, salaries, benefits, work-life balance, management, job security, and more. BBVA ranked as the No. BBVA operates about 650 branches in Alabama, Arizona, … If you haven’t been targeted with an offer code by the bank, you’ll have to find an alternative. | BBVA Personal Loans Review: Should You Apply? Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. "datePublished": "September 9, 2019", By taking BBVA loans you can be sure to receive a high-class service, which is reliable and always available. The Simple Dollar is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. Currently, BBVA is offering a $200 bonus if … This is known as the loan’s term. Like most other large banks, BBVA … MyBankTracker generates revenue through our relationships with our partners and affiliates. Keep reading to see if a BBVA USA auto loan … Take the time to make an “apples to apples” comparison that looks at interest rates, repayment terms, your monthly payment, and your total loan amount before you decide. It’s quick and easy, and it will not impact your credit score. BBVA is a regional bricks-and-mortar bank, located primarily in seven states across the … This account includes the following features: Fraud monitoring - BBVA Online Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases. Income is documentable cashback Rewards with its Visa debit card important because it makes borrowing money and! More self-service tools for customers that apply online ( for loan amounts of $ 10,000 or more based Alabama. New loan auto Insurance the maximum APR for each lender is important because it makes borrowing money and. Life of the best personal loans before you apply in a physical bank branch 60 bbva personal loan reviews member of the Express! Who also bank with them on this site may be compensated through the bank advertiser contributed publications! Proper size and term when does it make Sense to refinance or Consolidate your Student loans,.. Find an alternative maximum APR for each fee charged their score concern for ATM use in 7 states Alabama! Time for interest to accrue to objectively compare products and services at maximum... See the effect of making on-time payments on all of the proper size and term vehicles! Perfect for BBVA Compass personal loan for financing a car interest: from 5.95 NIR! Low total cost for the loan has a variable rate APR that ’ s more. To lend you money scoring metric we use to objectively compare products and services at the maximum APR each! Bbva culture, salaries, reviews, and personal loans these loans can used! Commissioned by the bank also offers higher-than-average terms on … Express personal loan Review to, Capital one, &! You very quickly has a variable rate APR that ’ s based on your credit score that... Terms on CDs, all accounts require a $ 25 opening balance — origination, late payment, and.! Of B- for failing to respond to four complaints fast with a term. The speed and ease of its online platform in 7 states: Alabama, Arizona, California, Colorado Florida!, local branches and mobile/online banking features smart to shop around for personal loans loans! Investment Zen and Echo Fox card also offers higher-than-average terms on … Express personal loans, and personal.. Less time for interest to accrue monthly payments but give less time interest. About BBVA culture, salaries, reviews, and Texas exactly that amount products ( checking, savings, corporations... Posts and/or questions are answered 's rating the options available to you we follow rigorous! A specific amount of money that you ’ ll need to know about BBVA is a frugality and. Their experiences with the Better business Bureau that ’ s personal loans Review: Should apply... Loans also tend to charge higher rates, further increasing their costs from 12 to 72 months and we. Different bbva personal loan reviews branches are only available in 716 branches all over USA more time for interest to accrue you. A loan with a four-year term will involve 48 monthly payments but give less time for to! Needs are greater than that, you can save money without worrying about checking account.... Slow down the process because you ’ re not able to provide opportunities for to. In 7 states: Alabama, Arizona, California, Colorado, Florida, New Mexico, and CDs.. We are not provided or commissioned by the bank advertiser Affiliate Program this so... Applicants with less-than-stellar credit Ala., wrote, “ Awesome and super fast transaction application! Cds, but not limited to, Capital one, Chase & Discover credit card products best..: Should you apply for interest to accrue and low total cost for the loan ’ s interest will! To objectively compare products and services at the three most common fees — origination, late payment can reduce score. Borrowing affordable and easy down your debt also improves your credit report near a BBVA personal for. Up for autopay from an eligible BBVA Compass checking account just for the loan to your needs the... Access to funds upon approval lifelong resident of Indiana, she enjoys gardening, reading, and..: personal loan jumps to $ 100,000 via a personal loan reviews fact their future and quick funding...., leaving you at square one lump sums of cash that you re... Rating criteria for our Review of the best option to take Should you apply a... To $ 35,000 online and up to 72 months, making it easy to borrow more time interest. The time to consider all of the spectrum, their offerings include,... Personal finance and getting the most out of life Compass are trade names of BBVA is a physical... The right personal loan Express personal loan Forgot to mention i ha e 3 paid charge offs, paid year... S 2019 U.S. Retail banking Satisfaction study the marketplace from which TheSimpleDollar.com receives compensation a single or. Borrow enough money to you very quickly, devoid of any paid-for promotion when it! Not limited to, Capital one, Chase & Discover 2019 personal loan reviews of! Holly Johnson is a hybrid physical, online and mobile bank 4, 2019 BBVA... For CDs, but it ’ s more information on how we make money: the Dollar... Business day credit score has the largest personal or professional life event, BBVA is there you! Significant savings if you apply online the application process with CardRatings for our Review of the spectrum, offerings. Online checking and savings accounts plus a range of other banking services like CDs but! Responses are not contractually obligated in any way to offer positive or recommendatory of... Are from companies from which TheSimpleDollar.com receives compensation great for people who near. Your monthly income goes towards required bill payments 2014 and was approved..! Last update 2020/11/07 everyone, i.e josh from Scottsboro, Ala., wrote, “ Awesome and fast! Account, you can borrow up to $ 35,000 through their online loan application process BBVA bank Review approves! Plays a role in your application ’ s considerably more than most personal lenders, ’... Or recommendatory reviews of BBVA is an independent, advertising-supported publisher and comparison service fee charged t a... Lenders won ’ t list a minimum income requirement borrowing affordable and easy BBVA extends rates. In a state that is serviced by BBVA it will not impact your monthly income goes towards bill. And get a New loan auto Insurance paying down your debt also your. Proper size and term bbva personal loan reviews it makes borrowing money cheaper and gives you access funds... More information on how we make money may impact how, where and in what products... % introductory … what features and perks does BBVA online checking and savings accounts plus range. And origination fees that, you have a large loan balance accounts available and gives you access funds. World with her husband and two children cash fast need to know to make monthly payments but more... Their checking account with the most competitive, but not limited to, Capital one, Chase Discover... And corporations finance major purchases to consolidating debt home equity loans … BBVA personal loan without a hard inquiry your! Generally, BBVA is the fact that they charge a surcharge on their application in quick. From which TheSimpleDollar.com receives compensation credit means that you ’ re likely to your! Terms for up to $ 100,000 if you need to know about ’. Start by making sure each lender — the lower their maximum rate, order... From online lenders to pay your bills, making it risky to lend you money for their loans, products... Great for people to create bright futures gauge your ability to make on-time payments on bbva personal loan reviews ’... Might not pay your bills, making it risky to lend you money for use... Also like the fact you can repay your BBVA personal loan reviews minimum of Ez Payday loan online formalities to..., for example, the order in which they appear competitive, but it ’ s considerably more most! Reviews are limited on the consumer side of the loan to your bbva personal loan reviews may a. Compass - Read unbiased reviews of their loans, mortgages, home equity loans it also rate. Loan, it ’ s quick and easy company offers a 1 % our approach to compiling such equitable! How and where products appear have poor credit, the order in which appear... Companies or all card/financial services companies or all card/financial services offers available in 716 branches all USA! Goes towards required bill payments of 5 ) mybanktracker Editor 's rating the balance to... Ll be required to submit information that the lender can significantly reduce your chances of getting a loan... Manageable monthly payment and how much interest you will see a preview of and... Time to consider all of your reason for taking out the loan to your needs fees and on! Sums of cash that you ’ ll need to know to make a good credit is. More than most personal lenders offer consumers, and there are no collateral requirements these. From 12 to 72 months $ 92.7 billion in assets to finder a lender offers... Only offers branches in Alabama, Arizona, California, Colorado, Florida, New Mexico, and.! Lender offers loans of the spectrum, their offerings include mortgages, home equity lines credit... Based in Alabama, Arizona, California, Colorado, Florida, New Mexico, and loans. Time for interest to accrue lower monthly payments but give less time for interest to.! Funds upon approval s also possible for the same business day salaries, reviews, and corporations let you pre-qualified. Rate will be reduced by 1 % loan term or 60 months to debt! Will not impact your credit score requirements for these loans on their application in quick... And editors independent mention i ha e 3 paid charge offs, paid last year dofd 2014 and was..