The PNC Unsecured Personal Loan offers a solid alternative for those seeking flexible funding without requiring collateral. With loan amounts ranging from $1,000 to $35,000 and repayment terms between 6 and 60 months, it accommodates diverse borrowing needs. The annual percentage rate (APR) maxes out at 24.99%, and qualified applicants may secure significantly lower rates, especially with autopay discounts. There are no application or origination fees, making this offer particularly attractive for cost-sensitive borrowers.

How to Apply: Step by Step

1. Gather required documents like Social Security Number, proof of income, and photo identification.

2. Complete the online application form, selecting your loan amount and preferred repayment term.

3. Review your loan details, submit your application, and wait for a quick decision, often in just a few days.

4. If approved, sign the documents and collect funds either at a branch or via mail.

Pros of PNC Unsecured Personal Loan

This loan does not require collateral, so your assets remain protected even if financial challenges arise. The absence of prepayment, origination, or application fees means more of your money goes toward repayment and not administrative costs.

The wide range of loan amounts and terms ensures borrowers can tailor repayment schedules to fit their budget and needs. Additionally, applicants can qualify for a 0.25% rate discount by opting for automatic payments from a PNC checking account.

Cons of PNC Unsecured Personal Loan

PNC personal loans are available only in select states, which limits access for potential borrowers elsewhere. Some borrowers may also face higher APRs depending on their creditworthiness and financial profile.

The loan may not be used to pay for college expenses or refinance student debt, so it’s less suitable for educational purposes. Lastly, the application process requires freezing and unfreezing credit reports for those with previously locked credit.

Our Verdict

Overall, the PNC Unsecured Personal Loan is an excellent pick for those in eligible states who value flexible terms and fee transparency. Its clear qualification requirements and range of loan options—alongside quick processing—make it a strong contender when compared to other personal loan providers. Be sure to check eligibility and rates based on your state and credit profile.