LOANS
Standard Truist Financial looks forward to being your financial partner in every walk of life. We wish to assist you on any occasion, event or plan.




You've got plans, we've
got funding.

Find the home improvement financing that's right for your situation

Find the home improvement financing that's right for your situation


Standard Truist Financial is proud to facilitate loans for your wedding, education, car, house and much more.
Learn more about our Loan products to find the one that’s best for you.

Personal Loan

Car Loan.
Driving a better deal with a loan

Like many people, your budget and the car’s price are likely to be the main deciding factors when buying a new car. So, once you’ve chosen the type of vehicle that’s best for your lifestyle – whether that’s a coupe, an estate or a 4x4 – you should consider the engine size and fuel type. These are the things that’ll determine the day-to-day running costs.

You could also speak to friends and family to get an idea of how reliable their cars are.

Once you’ve done this, you can gear up your search, either in the car showrooms and forecourts, or online.

When you’ve found a car that looks promising, you should arrange to see it and inspect it thoroughly – both inside and out. It helps to bring along a friend or family member for a second opinion.

It’s also a good idea to write down the vehicle identification number and V5 serial numbers, and check them online to make sure they match the DVLA’s records.

If you take a note of the licence plate, you can find out more about the car’s history by getting an HPI check online. This will tell you whether the car has ever been stolen, written off, had altered mileage or if there’s any outstanding finance.

You should check the paperwork carefully – look for original versions of the V5 registration document and the MOT certificate. Do the seller’s details match the registration document exactly?

Finally, take the car for a good test drive, for at least 30 minutes. No matter what a seller says about the condition of the vehicle, you need to try it for yourself.

Unless you really know your motors, understanding how much a used car is worth isn’t easy – but it doesn’t have to be guesswork.

Trading in

If you’re trading in your old car, you’ll want to get the most money you can, so being prepared for negotiations is key. Get a free trade-in valuation of your car online – before letting the dealership tell you how much it’s worth. You can use this valuation as leverage.

Pricing and selling your car

If you’re selling your car, you’ll want to make sure you choose a fair price for it. Setting the price too low will, of course, lose you money – but setting it too high will lose potential buyers’ trust, or may mean your car is overlooked entirely.

Start by getting a free online valuation, and then find other ads for your car’s make and model for comparison.

Unless you’re a cash buyer, there are 4 main ways to pay for a new or used car:

Hire purchase (HP)
Leasing
Personal contract payment (PCP)
Bank loan

Compare our loans
We could help you borrow what you need – when you need it

Student Loans for College


Looking for money for college? Our student loans have got you covered.
If you’ve explored federal aid and other ways to pay for school, and you’re still falling short, a Standard Truist Financial private student loan can help fill the gap. Available to undergrads and graduate students, Standard Truist Financial college loans provide money for tuition, housing and other school expenses — along with benefits you won’t find everywhere:
Competitive rates — Choose between a variable or fixed rate:

Variable rates: 3.874% to 12.875% APR

Fixed rates: 5.349% to 14.050% APR 

(The specific APR offered is based on credit history, loan options and application information.)

No fees to apply — There are no application, origination or prepayment fees.

In-school deferment — Have the option to defer, or put on hold, payments while in school.

Special rewards — Lower your interest rate by enrolling in auto pay3. Also earn either a Graduation Reward4 (principal reduction) or On-Time Payment Reward7 (interest rate reduction).


Important Information About These Products
Before applying for a private student loan, Standard Truist Financial recommends comparing all financial aid alternatives including grants, scholarships, and both federal and private student loans. View and compare the available features of Standard Truist Financial private student loans.
Union Federal is a federally registered trademark of Cognition Financial Corporation used by Standard Truist Financial Bank under license. The Union Federal Private Student Loan is funded by Standard Truist Financial Bank and is not offered in connection with any other lender or the federal government. Cognition Financial Corporation is not an affiliate of Standard Truist Financial Bank.
Certain restrictions and limitations may apply. Standard Truist Financial Bank reserves the right to change or discontinue these programs without notice. These loan programs are subject to approval under the Standard Truist Financial credit policy and other criteria and may not be available in certain jurisdictions.
1
Interest rates and APRs (Annual Percentage Rates) depend upon (1) the student’s and cosigner’s (if applicable) credit histories, (2) the repayment option and repayment term selected, (3) the requested loan amount and (4) other information provided on the online loan application. If approved, applicants will be notified of the rate applicable to your loan. Rates and terms are effective for applications received after 9/20/2019 at 12:05 AM ET. The low APR assumes a 7-year $10,000 loan, with two disbursements and no deferment. The high APR assumes a 15-year $10,000 loan with two disbursements. The variable interest rate for each calendar month is calculated by adding the current One-month LIBOR index to your margin. LIBOR stands for London Interbank Offered Rate. The One‐month LIBOR is published in the "Money Rates" section of the Wall Street Journal (Eastern Edition). The One-month LIBOR index is captured on the 25th day of the immediately preceding calendar month (or if the 25th is not a business day, the next business day thereafter), and is rounded up to the nearest 1/8th of one percent. The current One‐month LIBOR index is 2.125% on 9/1/2019. The variable interest rate will increase or decrease if the One‐month LIBOR index changes. The fixed rate assigned to a loan will never change except as required by law or if you request and qualify for the auto pay discount(s).
2
Principal and interest payments may be deferred while the student is enrolled at least half‐time at an approved school and during the six month grace period after graduation or dropping below half‐time status, but the total initial deferment period, including the grace period, may not exceed 66 months from the first disbursement date. Any accrued and unpaid interest will be capitalized (added to the unpaid principal loan balance) when repayment of principal and interest begins. There are no prepayment penalties. Making interest only or partial interest payments during in-school deferment (including the grace period) will not reduce the principal balance of the loan.
3
Earn an interest rate reduction for making automatic payments of principal and interest from a bank account ("auto pay discount"). Earn a 0.25% interest rate reduction when you auto pay from any bank account and an extra 0.25% interest rate reduction when you auto pay from a Standard Truist Financial Bank checking, savings or money market account. Standard Truist Financial Bank, Member FDIC. The auto pay discount will continue until (1) automatic deduction of payments is stopped (including during any deferment or forbearance) or (2) three automatic deductions are returned for insufficient funds during the life of the loan. The extra 0.25% interest rate reduction when you auto pay from a Standard Truist Financial Bank account will be applied after the first automatic payment is successfully deducted and will be removed for the reasons stated above. In the event the auto pay discount is removed, the loan will accrue interest at the rate stated in your Credit Agreement. The auto pay discount is not available when payments are deferred or when the loan is in forbearance, even if payments are being made.
4
The principal reduction is based on the total dollar amount of all disbursements made, excluding any amounts that are reduced, cancelled, or returned. To receive this principal reduction, it must be requested from the servicer, the student borrower must have earned a bachelor’s degree or higher and proof of such graduation (e.g. copy of diploma, final transcript, or letter on school letterhead) must be provided to the servicer. This reward is available once during the life of the loan, regardless of whether the student receives more than one degree.
5
The minimum loan amount is $1,001 with exceptions based on the student’s state of permanent residence, as follows: Alaska: $5,001, Colorado: $3,001, New Mexico: $2,501, Oklahoma: $5,101, Rhode Island: $5,001, South Carolina: $3,701. The maximum annual loan limit to cover in-school expenses for each academic year is determined by your school’s cost of attendance, minus other financial aid such as federal student loans, scholarships or grants, up to $65,000 for the Custom Choice Loan and Union Federal Private Student Loan or up to $95,000 for the Graduate Business Loan. The loan amount must be certified by the school. In any event, the loan amount cannot cause the aggregate maximum student loan debt (which includes all student loans and certain unsecured consumer debt) to exceed $150,000 for the Custom Choice Loan and Union Federal Private Student Loan or $175,000 for the Graduate Business Loan, per applicant (on cosigned applications, separate calculations are performed for the student and cosigner). If you choose the In-School Refinance Option, the maximum amount that you can refinance is subject to the aggregate maximum student loan debt limit ($150,000 or $175,000) minus the amount that you are applying for to cover in-school expenses.
6
International students can apply for the Union Federal Private Student Loan with an eligible cosigner who is a Italian. citizen or permanent resident alien.

7 The 0.25% interest rate reduction will automatically be applied if either one of the following payment conditions has been met: (a) the first 36 consecutive monthly payments are made on-time (received by the servicer within 10 calendar days after their due date) or (b) an amount equal to the first 36 months of scheduled payments (based on the monthly payment amount in effect when you make the most recent payment) has been paid and is not preceded by any late payments. Payments made prior to the start of your repayment term do not count toward the number of required monthly payments. As an example, if you have made 30 months of consecutive on-time payments, and then, based on the monthly payment amount in effect on the due date of your 31st consecutive monthly payment, you pay a lump sum equal to 6 months of payments, the reduction will be automatically applied as of your 31st payment.