The Finance Owl

Banks – Loans – Mortgages – Money

Commerce Bank Personal Unsecured LoansCommerce Bank personal unsecured loans are perfect for managing financial needs in the current economy. More than 25% of Commerce Bank’s customers have taken advantage of the flexibility offered in repayment, without collateral, competitive interest rates and an easy online application for fast approval.

This article centers on the Commerce Bank’s unsecured loans offers and discusses what they are and what provisions they make for those wishing to borrow money.

Commerce Bank and Personal Loans

Commerce Bank is a neighborhood bank which invests its greatest resource into helping customers secure financing to follow their dreams including purchasing a home, car, RV, or paying off medical expenses.

New loan borrowers can expect excellent customer service, application review, and online and phone support after applying for their loan. You can also check the status of your application online.

A Commerce Bank unsecured loan is designed for multiple uses including: auto purchases, debt consolidation, home improvement, medical experiences, special vacations or getaways and student loan repayment.

The Benefits of Unsecured Commerce Bank Personal Loans

One of the principal benefits of securing a personal loan from Commerce Bank is the freedom to purchase more or less anything you need with the funds. If you are worried about using equity, you have nothing to fear since Commerce’s unsecured loan means you can apply and receive funding without using collateral.

Applying for Commerce Bank unsecured loan is the first step to re-establishing a credit line with a leading financial institution. Students, homeowners, and potential business owners alike can take advantage of Commerce’s unsecured loan by applying online.

The minimum loan amount for Commerce personal loans is $2,000 and the maximum is based on credit approval. You have the ability to apply for more than one personal loan with Commerce Bank.

Online Applications for A Commerce Personal Loan

The online application takes approximately 20 minutes. Commerce’s short application process makes it relatively easy for you to obtain funding. You will need the following items to proceed in order to apply for Commerce Bank unsecured personal loans:

  • Social Security Number
  • Purpose of the loan
  • Current employer’s name and address
  • Previous employer’s name and address (if at current job less than 2 years)
  • Gross monthly and other sources of income
  • Co-applicant information (if applicable)
  • Information about the collateral used to secure the loan (if applicable)
  • Vehicle dealer’s name (in the case of auto purchases).

Commerce Bank will verify this information before processing your personal loan. Please be advised that your personal information must be accurate, up-to-date and readily available while applying online. Any discrepancies could cause automatic denial of your Commerce personal loan application.

Commerce Bank personal loans (unsecured) have a fixed-rate for flexible payments. Commerce Bank loan customers also have access to financial and debt management experts, with whom they may discuss financial goals to assist in managing assets and liabilities (including personal loans themselves) for the best returns.