To apply for a personal loan from BHG Money, follow these three steps:
1. Estimate your payment in as few as 30 seconds
2. Apply online or call our US-based team 7 days a week
3. Get funded in as few as 5 days
Cover your want-to’s & have-to’s
BHG Money provides loans up to $200,0001. Cover what you need — and what you want — with low monthly payments.
Use your money your way
Industry-leading personal loan features
We provide a best-in-class lending experience that will meet your needs — and exceed your expectations.
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Large loan amounts - up to $200,000 -
Affordably low monthly payments
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Approval in as little as 24 hours3
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Funding in as few as 5 days3
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Premium service 7 days a week
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No personal collateral required
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No lockout period or prepayment penalty
Understanding Personal Loans
Once you apply and are approved for a personal loan, you will receive your funds. Most personal loans have fixed repayment schedules to follow to pay back the amount you borrowed.
At BHG Money, we offer affordably low monthly payments. You can receive funds in your account in as few as 5 days.
Yes. You can refinance a personal loan. Refinancing is simply taking a new loan out to replace the old loan.
This depends on the lender and their process. At BHG Money, we can approve a loan request in as little as 24 hours and provide a personal loan solution in as few as 5 days.
A personal loan is funding provided by a bank or other lender, where the funds received are intended for personal use. Our personal loans can be used to pay for:
- Personal debt consolidation
- Major purchases
- Home improvement projects
- Life events
- Vacations
- Investments
- Unexpected expenses
The benefit of taking a personal loan from BHG Money is that you can cover your wants and needs (from travel and home improvements to debt consolidation) without tying up your cash or savings. Then you can pay the loan back in affordably low monthly payments.
An unsecured personal loan is a type of loan where the lender does not require collateral for a borrower to secure funds. BHG Money provides unsecured loans, allowing you to obtain funds without having to risk your assets.
No. A personal loan is not tax deductible. We recommend that you consult your accountant for information related to tax deductions.
Personal loans not currently available in Illinois or Maryland.
1Terms subject to credit approval upon completion of an application. Loan sizes, interest rates, and loan terms vary based on the applicant's credit profile. Finance amount may vary depending on the applicant's state of residence.
2Consumer loans funded by one or more participating lenders. Equal Housing Lenders. 
3There is no impact on your credit for applying. For personal loans, a complete credit history, which will appear as an inquiry on your credit report, will be performed upon acceptance and funding of the loan and may impact your credit.
Annual percentage rates (APRs) for BHG Money personal loans range from 11.96% to 23.99%, with terms from 3 to 10 years.
Personal Loan Repayment Example: A $59,755 personal loan with a 7-year term and an APR of 17.2% would require 84 monthly payments of $1,229.
For California Residents: BHG Money loans made or arranged pursuant to a California Financing Law license - Number 603G493.
IMPORTANT INFORMATION ABOUT ESTABLISHING A NEW CUSTOMER RELATIONSHIP
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies every customer. What this means for you: When you apply for a loan, we will ask for your name, address, date of birth, social security number and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. If all required documentation is not provided, we may be unable to establish a customer relationship with you.
