Regions Bank Personal Loan August 2026 Review

You've got a Regions checking account, a repair bill you didn't plan for, and a branch two minutes from your office. A Regions unsecured personal loan puts $2,000 to $50,000 in your account at a fixed rate, from 8.74% to 29.99% APR as of August 2026. No origination fee comes off the top.

Regions only lends this money to current banking customers, and the account has to be at least six months old. Most personal loans are unsecured, but secured options exist, and Regions offers both.

Regions doesn't publish a minimum credit score. See our guide to unsecured personal loans for how to compare lenders.

Regions Bank personal loan top features

Loan amounts

For unsecured loans, you can borrow $2,000 to $50,000 as an existing customer. For secured loans, you could potentially borrow up to $300,000.

Credit requirements

Regions weighs four things: your deposit relationship, your credit score and credit history, your debt-to-income ratio, and your income. The bank doesn't publish a minimum score.

Rates and discounts

APRs run 8.74% to 29.99% as of August 5, 2026. Set up automatic payments from a Regions checking account and you take 0.25% off. A relationship discount adds 0.25% (up to 0.50%) on loans of $5,000 or more. The two stack. The relationship discount isn't available if you add automatic payments after the loan opens.

Fees

No origination fee. No application fee. Where many online lenders take up to 12% off the top before you see a dollar, Regions takes nothing. The late fee is 5% of the unpaid payment or $100, whichever is less. Regions applies it 10 days after your due date. A returned item costs $15. 

Florida residents also pay a state documentary stamp tax.

Prepayment penalty

No penalty. Pay more than your scheduled amount and you could cut the total interest.

Terms

You get 36 to 60 months, and the options depend on how much you borrow. Personal loan terms typically run two to seven years, though some lenders offer shorter or longer, so Regions sits at the narrow end of the normal range.

Funding speed

Regions can often decide within one business day, and your money is available at closing. Funding times vary by lender, often within a week of approval.

Where it lends 

Regions operates in 15 states: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, and Texas.

Prequalification

Unlike lenders that let you check a rate with a soft pull first, Regions goes straight to a full credit inquiry. There's no soft-pull rate check on the site. Regions confirmed to Bills.com that every lending application goes through underwriting.

Where Regions Bank can improve

Regions Bank could improve its maximum APR. At 29.99%, the top of its range sits three to six points higher than the no-fee bank lenders it competes with directly.

Regions Bank's term lengths are less flexible than what several competitors offer. Regions runs 36 to 60 months and nothing outside it. A 24-month option would save you interest. However, there’s no prepayment penalty, so you could pay off a 36-month loan in 24 months. An 84-month option would cut your monthly payment, and Wells Fargo and Discover both go that long. Regions doesn’t.

Regions Bank also limits how you can apply. The unsecured loan has no online application, so a branch visit or a phone call is the only way in.

Regions doesn't publish a minimum credit score, and it doesn’t offer risk-free prequalification. It doesn’t disclose on its site if joint loans or co-signers are allowed. 

Regions also carries regulatory history. In 2022, the CFPB ordered Regions to pay $191 million over overdraft fees, including a $50 million civil penalty and consumer redress. The CFPB terminated that order in July 2025 after Regions met its terms. 

Regions Bank personal loan requirements

You may be eligible if you have a Regions checking, savings, money market, or CD account that's been open at least six months.

Regions then looks at four factors: your deposit relationship, credit score and credit history, debt-to-income ratio, and income.

Regions Bank doesn't publish a minimum credit score. Regions reserves its lowest advertised APRs for borrowers with strong credit who authorize automatic payments and meet other criteria. You can check your credit score by opening a free account with a credit bureau or asking your bank if they offer free credit checks.

Regions doesn’t disclose if it allows joint borrowers or co-signers. Our guide to applying with a co-signer covers what each role means for both people.

How to apply for a Regions Bank personal loan

You have two ways in: visit a branch, or call 1-888-462-7627 Monday through Friday from 6 a.m. to 7 p.m., or Saturday from 8 a.m. to 2 p.m. The unsecured loan has no online application. 

Have this ready before you call:

• Contact information, Social Security number, and date of birth
• Home address and employer details
• The amount you want and what you're using it for
• Documentation of your income

Many lenders let you pre-qualify with a soft inquiry first. A soft inquiry doesn't affect your credit score. Regions doesn't offer that. Regions confirmed to Bills.com that you must apply for loans directly, triggering a hard credit inquiry, which could damage your score. 

Our guide to soft credit checks explains how to compare offers without stacking up inquiries.

Loan approval and funding from Regions Bank

Regions can often reach a credit decision within one business day. Approval could take longer if the bank needs to verify your income or confirm insurance.

Your money arrives as one lump sum at closing. Approval in a branch could mean same-day funding.

You can pay through Regions online banking or the mobile app, at a branch, by phone, by mail, or by automatic draft. Your payment is due the same day each month, and Regions publishes no option to change that date.

If money gets tight, Regions runs a Customer Assistance Program that covers personal loans, at 1-800-221-7471. You can apply for short-term or long-term hardship help, and Regions states that a banker can work with you even if you're not past due yet.

Regions Bank customer service and customer satisfaction

Regions Bank is a real, federally insured bank. Regions is an Alabama state-chartered bank and a Federal Reserve member. Deposits are FDIC-insured. The Better Business Bureau has accredited the bank since 1956. So yes, Regions Bank is legitimate.

Customer ratings are far weaker than the bank's accreditation suggests. A very low score is normal for most brick-and-mortar banks, though it could be better.

The complaints cluster around deposit accounts, holds, and overdraft disputes rather than personal loans, and these ratings cover the whole bank.

Regions received 1,236 CFPB complaints in the past year. The bank answered nearly all of them on time, though timely response measures only a reply within 15 days, a bar most large banks clear. The biggest complaints were about account management, deposits and withdrawals specifically.

Reach Regions at 1-800-734-4667 for general questions, 1-888-462-7627 for loans, and 1-800-221-7471 for hardship help. Regions runs mobile apps for iOS and Android and a web portal with live chat.

When a Regions Bank personal loan might be the best choice

You already bank with Regions. The relationship discount and the automatic payment discount stack, and you've already cleared the six-month requirement without trying.

You want the full amount you borrow. Where a lender charges an origination fee, it comes out of your disbursement, so a $10,000 loan might land as $9,200. Regions charges none.

You'd rather sit across from someone. A banker can go through the terms with you in person, which is worth something on a five-year commitment.

You're consolidating debt and want your payoff amount to match your loan amount exactly. Our debt consolidation loan guide covers how to size one.

Choose a different lender if you don't bank with Regions, if you live outside its 15 states, or if you want to compare rates without a credit inquiry.

Compare Regions Bank to other personal loan lenders

Regions competes with bank lenders that charge no origination fee. Here's how it stacks up.

This review is for general educational purposes. Bills.com is not a lender. All loan products are subject to credit approval and lender terms. Rates and fees are subject to change.