Details you need to make a smart decision
1APR: Annual Percentage Rate. Loans are subject to eligibility, underwriting, and approval, including credit approval. The offered APR (with no interest rate discounts) will vary between 5.91% to 35.06% (APRs from 5.91% to 35.06% in branch and via phone). APR is calculated based upon creditworthiness, loan amounts, term length, and amount of Interest Surcharge. Enrollment in auto-debited loan payments from a BBVA Compass checking account is required to receive a 1.00% interest rate discount and the BBVA Checking Account must be opened prior to the loan being closed. Loan term, loan amount and APRs may vary if originated in a branch. An unsecured term loan may not be originated for any applicant who has originated or been declined for an unsecured term loan with BBVA Compass within six (6) months of the date of the new application or who currently has two or more active unsecured term loans with BBVA Compass. Rates may vary based on credit history and other factors.
A 12 month loan of $2,000 at an APR of 35.06% will result in 12 monthly payments of $193.98 and an interest surcharge of $60 payable at closing.
2Debt Consolidation: The relative benefits you receive from debt consolidation will vary depending on your individual circumstances, including the interest rate and remaining term on your existing debts. Consolidating multiple debts may not reduce your interest costs or pay your debt off sooner. 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.
Checking accounts subject to approval, which may include credit approval.
BBVA Compass is a trade name of Compass Bank, a member of the BBVA Group. Compass Bank, Member FDIC. Rev. 04/2018 / #146489