Huntington Personal Loans: Secured vs Unsecured (Full Guide)

When life throws big expenses your way, a personal loan can help you take control. Huntington personal loans are designed for flexibility and ease, with options for both secured and unsecured borrowing.

In this review, we’ll explore everything you need to know about Huntington Bank personal loans: rates, terms, eligibility, pros and cons, and how to apply.

What Is a Huntington Personal Loan?

A Huntington personal loan is a type of loan that allows you to borrow a set amount of money to help cover personal expenses. You don’t need to explain exactly how you plan to use the money, as long as it falls within acceptable use guidelines. People often use these loans for things like paying off credit card debt, making home repairs, or handling unexpected medical bills.

Huntington gives you fast access to the funds after approval, and you repay the loan through monthly payments at a fixed interest rate. That means your monthly payments stay the same, making it easier to budget.

You can choose from two types of personal loans at Huntington Bank:

• Unsecured personal loans: These loans do not require any collateral. You qualify based on your credit score, income, and other financial details.
• Deposit secured personal loans: These loans are backed by money you already have in a Huntington savings account, money market account, or certificate of deposit (CD).

Here’s a quick overview of Huntington personal loans:

The application process is fairly simple, especially if you’re already a Huntington customer. You can apply online through their website or visit a local Huntington branch in person.

Types of Huntington Personal Loans

Huntington offers two main types of personal loans: unsecured and deposit-secured. Each is designed for different borrower needs.

Unsecured Personal Loans

Unsecured personal loans are loans you get without putting down any collateral, like a car or savings account. Instead, Huntington looks at your credit report, income, and how much debt you already have to decide if you qualify.

These loans work well for many common situations, including:

• Paying off high-interest credit card debt
• Covering large medical bills
• Funding home repairs or home improvement projects
• Paying for big life events like a wedding or vacation

Key Features:

• You can borrow up to $50,000, depending on your credit and income.
• Interest rates range from 8.47% to 25.00% APR.
• The loan has fixed monthly payments, so you pay the same amount each month.
• You do not need any collateral, like a house or savings account.

The exact amount you qualify for and the rate you receive will depend on your personal financial situation.

Deposit Secured Personal Loans

If you have money saved in a Huntington account, you can apply for a deposit-secured personal loan. This type of loan uses your own funds as collateral, which means the bank is taking less risk, and you may get a lower interest rate.

The accounts that can be used as collateral include:

• A Huntington savings account
• A money market account
• A certificate of deposit (CD)

Even though the bank holds this money as a guarantee, it continues to earn interest while your loan is active.

Key Features:

• You can borrow up to $500,000, depending on the value of your deposit.
• Interest rates range from 7.51% to 25.00% APR.
• Rates are usually lower than unsecured loans, since there is less risk for the bank.
• Your deposit stays intact and continues earning interest.

This option is especially useful for people who may not qualify for an unsecured loan due to a lower credit score. It’s also a smart way to build or rebuild credit, since you’re borrowing against your own savings while showing consistent repayment habits.

Additional Borrowing Option: Premier Line of Credit

In addition to fixed Huntington personal loans, the bank also offers a Premier Unsecured Line of Credit.

• Loan limit: Up to $100,000
• Rate type: Variable APR (tied to the prime rate)
• Benefit: Flexibility, borrow what you need when you need it
• Drawback: Variable rates can increase over time

This Huntington personal credit line functions more like a credit card: you borrow as needed and only pay interest on the amount used. It’s ideal for ongoing expenses or uncertain project costs.

Interest Rates, Loan Amounts, and Fees

Huntington Bank offers fixed interest rates for both unsecured and secured personal loans. Fixed rates mean your monthly payments will stay the same throughout the life of the loan, making it easier to plan your budget.

Huntington Personal Loan Rates and Amounts

The exact rate you receive depends on your credit history, income, and loan type. Generally, borrowers with stronger credit and financial stability are more likely to qualify for lower interest rates.

Here’s a breakdown of the Huntington personal loan rate ranges and maximum loan amounts available:

Note: These Huntington Bank personal loan rates are accurate as of March 7, 2025, but they can change at any time. It’s always best to check directly with Huntington Bank for the latest terms and offers.

Huntington Personal Loan Fees

At this time, the bank does not publicly list its origination fees for Huntington personal loans. That doesn’t mean there aren’t any, it simply means you’ll need to ask a loan officer directly during the application process.

There’s good news, though: there are no prepayment penalties. So if you want to pay off your loan ahead of schedule, whether in one big lump sum or through extra monthly payments, you can do so without incurring additional charges.

Nonetheless, if you pay late, you may be charged a late payment fee. It’s always a good idea to set up automatic payments to stay on track and avoid unnecessary charges.

What Makes Huntington Personal Loans Stand Out?

Huntington isn’t the only bank offering personal loans, but it brings some unique features to the table that make it worth considering, especially for borrowers within its service area.

1. Flexible First Payment Date: Most lenders start your repayment right after the loan is funded. Huntington takes a different approach: they allow you to pick your own first payment date, up to 60 days after closing. This flexibility can give you some financial breathing room to get organized, especially if you’re consolidating other debts or waiting for a big expense.
2. Generous Loan Amounts: Need to borrow a little? Or a lot? With unsecured loans available up to $50,000 and secured loans reaching up to $500,000, Huntington offers borrowing power that’s competitive even compared to large national banks.
3. Online and In-Person Access: You can apply online at your convenience, or visit a Huntington branch if you prefer face-to-face guidance. Once your loan is approved, it’s easy to manage through the Huntington mobile app or online banking portal, making payments, checking your balance, or updating account info is just a few clicks away.
4. Local Service, Personal Touch: Although it operates across 11 states, Huntington maintains a strong reputation as a community-focused bank. Borrowers often note that the service feels more personal compared to nationwide giants, which may appeal to those who value real human support during financial decision-making.

Who Can Apply for Huntington Personal Loans 

Huntington personal loans are not available nationwide. They are only offered in 11 states where the bank operates. If you don’t live in one of these states, unfortunately, you won’t be eligible to apply.

Eligible States:

• Ohio
• Illinois
• Indiana
• Kentucky
• Michigan
• Pennsylvania
• West Virginia
• Wisconsin
• Minnesota
• South Dakota
• Colorado

Basic Huntington Bank Personal Loan Requirements:

To qualify for a Huntington personal loan, you must meet the following Huntington personal loan requirements:

1. Be 18 years or older
2. Be a U.S. citizen or a resident/non-resident alien with a valid Taxpayer Identification Number
3. Provide proof of income (such as recent pay stubs or tax forms)
4. Show a stable employment history
5. Have a good to excellent credit score (to receive the best Huntington Bank personal loan rates)

If you’re applying for a deposit-secured loan, you’ll also need to have an active Huntington savings account, money market account, or certificate of deposit (CD) to use as collateral.

Important Note:

• Huntington does not allow cosigners. This means you must qualify for the loan based on your own credit and financial background.
• Huntington also does not offer prequalification with a soft credit check. Any application will result in a hard inquiry, which may temporarily affect your credit score.

How to Apply for a Huntington Personal Loan

Applying for a loan through Huntington is a relatively simple process. The steps will depend on whether you’re applying for a secured or unsecured personal loan.

For Unsecured Loans

You can apply in two convenient ways:

• Online through the official Huntington Bank website
• In person at a local Huntington branch near you

Here are the steps in the unsecured Huntington personal loans application process:

1. Start your application online via Huntington’s official website.
2. Submit required documents, including:
   • Your Social Security number or Taxpayer ID
   • A government-issued photo ID (such as a driver’s license or passport)
   • Proof of income (pay stubs, tax returns, W-2s)
   • Your employment history (including employer contact details)
3. Wait for approval. This could take a few hours or a few business days for a Huntington personal loan to be approved, depending on your profile.
4. Choose your first payment date, up to 60 days from loan closing.
5. Receive funding, typically within 1 business day after approval.

Once you apply, Huntington will run a hard credit inquiry, which can have a small effect on your credit score. Loan decisions are typically made within a few business days, although approval times may vary.

For Secured (Deposit-Backed) Loans

This process is a bit more hands-on.

• You must apply either in person or by phone.
• Call (800) 628-7076 and press 1 to speak directly with a loan specialist

In addition to the documents listed above, you’ll also need to provide collateral information, such as details about your:

• Huntington savings account
• Money market account
• Certificate of deposit (CD)

Since these Huntington personal loans require you to pledge a savings or CD account as collateral, you’ll likely need to:

1. Visit a branch or call Huntington to complete the secured loan application.
2. Verify the deposit account you’ll be using as backing.
3. Discuss rates and terms directly with a banker, as these may vary based on your deposit and loan term.
4. Once everything is confirmed, your secured loan will be funded, usually quickly.

The bank will verify that your collateral is eligible and determine how much you can borrow based on your deposit value. You may be asked for additional documents during this process, depending on your loan size or financial profile.

Once approved, you’ll be able to sign your loan agreement and receive your funds. From there, your repayment schedule will begin, or you can choose to start payments up to 60 days after closing.

Repayments for Huntington Personal Loans

Huntington Bank makes loan repayment simple and predictable. All Huntington personal loans come with fixed monthly payments, which means your amount due stays the same each month, no surprises. This makes it easier to plan your budget.

Key Repayment Features:

• Flexible start date: You can choose to begin repayment up to 60 days after your loan closes, giving you some breathing room to manage other expenses.
• Multiple payment options:
  • Automatic transfers from your Huntington account
  • Manual payments via online banking or the mobile app
  • Phone payments
  • In-person payments at your local branch
• Online loan management: Using the website or mobile app, you may access all information about your Huntington personal loans, including your Huntington personal loan payment history, check your balance, and make payments at any time.

While Huntington doesn’t publicly mention any early payoff fees, it’s best to ask your loan officer directly to confirm if penalties apply. This ensures you won’t face unexpected charges if you pay your loan off early.

Huntington Personal Loan Customer Service

Huntington is known for offering responsive and friendly customer support. Whether you prefer digital service or face-to-face help, you have several options for managing your loan and getting questions answered.

Ways to get help with your Huntington personal loans:

• Phone Support (General): Call (800) 480-2265 for general banking questions
• Loan Assistance: For questions about your personal loan, call
  Huntington personal loan phone number (800) 628-7076
• Online Chat Assistant: A helpful automated assistant is available 24/7 on the Huntington website
• Mobile App: Log in to see your balance, make payments, and even message customer support
• Visit a Branch: Speak directly with a Huntington loan expert for personalized help

FAQs about Huntington Personal Loans

Does Huntington offer personal loan prequalification with a soft credit check?

• No, Huntington does not offer a soft credit check for prequalification. A hard inquiry is required when you apply.

How long does it take to get approved for a Huntington personal loan?

• Approval can take a few hours to several business days, depending on your application and verification process.

Can I use a Huntington personal loan for debt consolidation?

• Yes. Huntington personal loans can be used to consolidate credit card debt, medical bills, or other high-interest balances.

What credit score do I need to qualify for a personal loan?

• The bank does not publish a minimum Huntington Bank personal loan credit score requirement. However, better scores typically result in lower Huntington personal loan APRs.

Is a Huntington personal loan available to self-employed applicants?

• Yes, self-employed individuals can apply but must provide additional income documentation, such as recent tax returns.

How do I check the status of my Huntington personal loan application?

• You can check your application status by calling Huntington at (800) 628-7076 or visiting your local branch.

Huntington personal loans are a solid choice if you live in one of the 11 states they serve. With flexible loan types, competitive fixed rates, and a simple application process, they make borrowing easy and straightforward. Whether you need funds for home repairs, debt consolidation, or unexpected expenses, Huntington gives you room to breathe with delayed repayment options. Just be sure to check the fine print before applying. If you value fast service and flexibility, Huntington could be a good fit.