Unsecured Loans

Need money fast? An unsecured loan can help you cover unexpected expenses, finance small home repairs, buy new furniture, or consolidate higher-interest loans.

Rate sale ends May 31, 2021.

All loans and lines of credit are subject to credit approval. Additional terms and conditions may apply, depending on the type of collateral and other terms offered or chosen.

Features of an Unsecured Loan from M&T

  • No collateral required
  • Competitive fixed-interest rates
  • Fast approval process
  • No application, origination or prepayment penalty fees
  • Relationship discounts for customers with qualifying M&T Bank consumer checking accounts

Maximum Loan Amount

$50,000

Minimum Loan Amount​​​

$2,000

Rates

5.99 - 13.24% APR

For a limited time, get a Personal Loan at a great rate. Rate sale ends May 31, 2021.

​​Repayment Term

12 - 84 months

​There are no application, origination or prepayment penalty fees, but late fees and returned payment fees may be charged when applicable.
Loan amounts greater than $25,000 require an existing M&T relationship tenure of 6 months or greater.
To qualify for the lowest APR available: 1) the term of the loan must be 36 months or less and; 2) the loan amount must be between $30,000 – $39,999.99 and; 3) you must have or open an M&T MyChoice Premium or Power Checking account at time of application; and 4) automatic payment deductions from any M&T checking account must be established. Your final APR will be based on your credit profile (as reported to M&T Bank by an outside reporting agency) and deposit relationship. Current APRs range from 5.99% - 13.24% and are subject to change.  M&T Unsecured Personal Loans must be for an eligible purpose. Offer good in NY, MD, NJ, PA, DE, CT, VA, WV and DC.
For a term greater than 60 months, the loan amount must be at least $15,000. A payment example on a $5,000 M&T Unsecured Personal Loan with a 60-month term at a non-discounted APR of 8.99% would be $103.77 per month.

Current Unsecured Loan rates 

For a limited time, get a Personal Loan at a great rate. Rate sale ends May 31, 2021. Rates differ by credit score, term and amount of the loan desired. 

To qualify for the lowest APR available: 1) the term of the loan must be 36 months or less and; 2) the loan amount must be between $30,000 – $39,999.99 and; 3) you must have or open an M&T MyChoice Premium or Power Checking account at time of application; and 4) automatic payment deductions from any M&T checking account must be established. Your final APR will be based on your credit profile (as reported to M&T Bank by an outside reporting agency) and deposit relationship. Current APRs range from 5.99% - 13.24% and are subject to change.  M&T Unsecured Personal Loans must be for an eligible purpose. Offer good in NY, MD, NJ, PA, DE, CT, VA, WV and DC.
  Loan Amount
Term $2,000 - $9,999.99 $10,000 - $14,999.99 $15,000 - $19,999.99 $20,000 - $29,999.99 $30,000 - $39,999.99 $40,000 - $50,000
12-36 6.99%-11.74% APR 6.49%-11.24% APR 6.49%-11.24% APR 6.24%-10.99% APR 5.99%-10.74% APR 6.24%-11.24% APR
37-60 7.24%-12.24% APR 6.74%-11.74% APR 6.74%-11.74% APR 6.49%-11.49% APR 6.24%-11.24% APR 6.49%-11.74% APR
61-72 NA NA 6.99%-11.99% APR 6.74%-11.74%  APR 6.49%-11.49% APR 6.99%-11.99% APR
73-84 NA NA 7.24%-12.24% APR 6.99%-11.99% APR 6.74%-11.74% APR 7.24%-12.24% APR
For a term greater than 60 months, the loan amount must be at least $15,000. A payment example on a $5,000 M&T Unsecured Personal Loan with a 60-month term at a non-discounted APR of 8.99% would be $103.77 per month.

Make a Loan Payment

Already have an unsecured loan with M&T? We offer a number of different ways to make your loan payment, so you can choose the most convenient method for you.

Learn How to Pay Your M&T Loan >