Why Choose a Personal Loan?
- Debt consolidation: consolidate debt into one single monthly payment
- Pay off outstanding balances on high-interest credit cards
- Renovate your home
- Fund your wedding
- Take a vacation
- Purchase or fix your car
Get the funds you need fast
Personal Loan
A personal loan is versatile – use it for anything like large unplanned expenses, debt consolidation, vacations or even wedding expenses. With no collateral needed, it’s a great lending alternative to credit cards or secured financing.
Key Features of a Personal Loan
Check Your Rate – Won’t Affect Your Credit Score
Tell us a little about yourself and your goals and we’ll customize the loan options you qualify for. If you like what you see, apply on the spot.[1]
Fast Access to Funds with No Application or Origination Fees
Quick approvals mean fast access to funds, as soon as the next business day in most cases.[2]
Fixed Rate and Loan Terms
One consistent monthly payment with a fixed term and rate makes budgeting a breeze.
Included With Your Personal Loan
Low interest rates
Typically lower than most credit cards.
Low minimum loan amount
Borrow as little or as much as you need: $5,000 ‑ $50,000.
Flexible terms
Terms available from 36 to 60 months.[3]
Fast and Hassle-Free Personal Loan Process
Step 1: Get your rate & options
Fill out a form to check your eligibility and rate options in just a few minutes, with no impact to your credit score. If one of the options works for you, continue to apply.
Step 2: Apply
If you choose to apply, WSFS will perform a hard credit pull which may impact your credit score. You will get a decision on your loan by email.
Step 3: Get your funds
If approved, 99% of personal loan funds are sent 1 business day after signing[2]. Funds will be deposited into the designated checking account you provided.
FAQs
Who qualifies for a personal loan?
Residents of Delaware, Pennsylvania and New Jersey who meet other eligibility requirements.
How can I use a personal loan?
Personal loans offer flexibility to pay for the things you planned for – and those you didn’t. You can use a personal loan to consolidate high-interest debt (credit cards), cover an unexpected medical bill, relocate, weddings, home improvements and more.
Will checking my rate affect my credit score?
No – checking your rate will not impact your credit score.
Do I need collateral for a personal loan?
No, unlike other types of loans, a personal loan from WSFS is unsecured, which means no collateral or equity in property is needed.
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Questions?
Our friendly Associates are here to help 7am-7pm (M-F) and 9am-3pm (on weekends) at 888.973.7226, by scheduling an appointment or visiting the nearest WSFS Banking Office.
