What is PNC?

For over a century, PNC, also known as PNC Financial Services has been providing clients with financial solutions. This organization has withstood the test of time and has grown exponentially throughout the years. They are recognized as the fifth largest bank in the United States due to their assets and extensive branch offices.

This company offers a variety of financial services such as checking and savings accounts, mortgages, credit cards, investment services, lines of credit, personal loans and many other solutions.

PNC Personal Loans Review

Do They Offer Personal Loans?

PNC provides personal loans and line of credit to consumers seeking to acquire money for the consolidation of debt, home improvement, or any other expenditure. Irrespective of finances, individuals can expect to receive the most ideal solution from PNC.

The types of personal loans offered by PNC consist of an unsecured personal installment loan, secured installment loan and a personal line of credit. With the unsecured option, no collateral is required and a specific loan amount can be borrowed. Fixed monthly payments are required to be paid back recurrently.

Secured personal installment loans require non-real estate collateral. This type of loan is typically offered to individuals seeking to purchase or refinance motorcycles, and vehicles for personal use.

A line of credit offers more flexibility as it enables borrowers to access money as they need it. With this feature, they can borrow money as required, based on the credit limit provided.

Only the money used is to be repaid. No collateral is required for this type of loan.  With either one of these loans, no prepayment penalty, origination or annual fee is ascribed. It is also significant to mention that the loans offered range from $1000 to $100,000.

How Do I Apply?

To apply for a secured personal loan or line of credit, it must be done over the telephone or at the bank. For an unsecure personal loan, consumers have the option to apply for it online, via telephone or at a local branch. If applying online, it takes approximately 10 to 15 minutes to complete. Specific information such as employer, annual income, address, and other details will be requested to conclude the application.

Afterword

There have been varied reviews on the loans and level of service offered by PNC. However, despite the inconsistencies, PNC appears to be a decent financial company offering countless services to its clients.

PNC Personal Loans Review