Get Personal Loan Rates
By clicking "See Offers" you'll be directed to our ultimate parent company, LendingTree. You may or may not be matched with the specific lender you clicked on, but up to five different lenders based on your creditworthiness.
BB&T personal loans are best for borrowers who want fixed rates and want a more personal experience when applying for a personal loan. You'll need to visit a branch in order to apply so use BB&T’s branch locator to see if a branch is near you. If you don’t have easy access to a branch, prefer an online application process, or want to see rates and terms before applying, this lender may not be a great option.
BB&T, short for Branch Banking and Trust Company, traces its roots back to 1872. It’s one of the largest financial services companies in the United States, according to the bank. It offers personal loans, business banking services, insurance, wealth and asset management, mortgages, specialized lending and more.
BB&T personal loans review: Should you apply?
Unlike many of its competitors, BB&T doesn’t offer a lot of information on its personal loan product online. That means it can be difficult to know if you’ll qualify for funds and for what kinds of terms. You’d also need to go in person to apply for its unsecured personal loan.
However, if you prefer to have in-person interactions with your bank, BB&T may be a fit. The lender has over 1,700 financial centers.
Its branches are concentrated in just 15 different states, primarily on the East Coast, plus Washington, D.C.:
- North Carolina
- New Jersey
- South Carolina
- Washington, D.C.
- West Virginia
Pros and cons
BB&T advertises that it offers “flexible financing with competitive rates” on its website. Depending upon the type of loan you choose, you may also be able to enjoy fixed rates and no prepayment penalties.
The bank offers few details online when it comes to disclosing the actual rates it offers. You won’t easily find rates, or even a range of rates, on BB&T’s website. Instead, you’ll need to visit a branch in person to discover the rate and terms the bank is willing to offer you, based on your credit and other factors.
Types of loans offered
Unsecured loans and lines of credit
Whether you’re looking for money to pay for an expensive home renovation or you need access to financing for another reason, a BB&T unsecured loan or line of credit might be a good solution.
Both of these financing options offer fixed rates and terms for borrowers. They can also be paid off anytime without fear of a prepayment penalty.
Plus, if you’re willing to back a loan with personal assets like life insurance or brokerage accounts, you might be offered up to 100% financing.
You’ll need to visit a BB&T branch in person to find out exact rates, terms, qualification requirements, and loan limits.
Paying off your expensive credit card debt with a new, lower-rate installment loan can be a smart strategy to help you save money and get out of credit card debt faster. BB&T offers debt consolidation loans aimed at helping borrowers achieve these goals.
Again, the bank boasts of “competitive rates and flexible terms,” but you’ll need to visit a branch yourself to confirm whether that’s true in your particular situation.
In addition to the loan options above, BB&T offers these financing options:
- Auto loans
- Boat and marine lending
- Recreational loans
- Home equity loans and lines of credit
The bank also offers checking and savings accounts and certificates of deposit. Customers will also find retirement planning and insurance services. This makes BB&T a one-stop shop for those who’d prefer to keep most or all of their finances under one roof. The tradeoff, however, is that you may not get a lot of transparency on its personal loan product, or receive the most competitive terms compared to online lenders.
How to get a personal loan at BB&T
If you’re ready to apply for a personal loan at BB&T, the following steps should help get the process started.
- Use BB&T’s online locator tool to find a branch near your location.
- Search by entering your address, ZIP code, or using the drop-down box to select your state and choose from available branches in your area.
- If you prefer, you can call 800-BANK-BBT (800-226-5228) to learn more before you visit a branch to apply.
Alternative personal loan options
BB&T is a respected name in lending, but that doesn’t mean the bank is your only option for a personal loan. If you don’t live near a branch or if you prefer more upfront transparency from a lender where rates are concerned, it may be a good idea to check out what others have to offer.
Many lenders do provide a lot of information online about their financial products. This makes it easier to comparison shop before you start filling out loan applications.
Below are some alternative personal loan options to consider.
LightStream personal loan
LightStream is an online lender that offers personal loans with rates from 3.99% - 16.99% with AutoPay (rates vary by loan purpose) APR , which are some of the lowest rates in the market. The lender doesn’t charge additional fees, like origination or prepayment penalties, and it’s even possible to get funding on the same day you apply for your loan.
Unlike BB&T, you won’t find physical branches with LightStream. As an online-only lender, your experience with LightStream will be entirely digital. In exchange for losing that human touch, LightStream offers competitive loan terms, with terms between 2 to 12 years and a maximum borrowing limit of $100,000. LightStream is a top lender for those with excellent credit.
Citizens Bank personal loan
If you want a traditional banking experience, Citizens Bank is a good alternative to BB&T. It has 1,100 branches across 11 states in the New England, Mid-Atlantic and Midwest regions.
At Citizens Bank, qualified personal loan borrowers can enjoy interest rates from 6.80% - 20.91% APR and may receive between $5,000 - $50,000 in financing. These rates and terms are fairly standard compared to other personal loan lenders.
Personal loans from Citizens Bank also feature no fees, making Citizens Bank transparent and easy to understand when it comes to pricing. Qualified borrowers need to have a strong credit history and an annual income of at least $24,000 to qualify.
Similar to BB&T, Citizens Bank offers other banking products, from checking and savings accounts to mortgages and even student loan refinancing.
Marcus by Goldman Sachs® personal loan
Marcus by Goldman Sachs®  offers personal loans with low rates (from 5.99% - 28.99% APR), no fees, and flexible terms from 3 to 6 years. Qualified borrowers can receive up to $40,000 from this lender. However, the lender does reserve its lowest rates for applicants with excellent credit.
Marcus by Goldman Sachs® also offers high-yield savings and certificates of deposit with rates that are higher than those offered by BB&T. However, Marcus by Goldman Sachs® doesn’t offer nearly as many different financial products as BB&T and is an online-only institution.
OneMain Financial personal loan
OneMain Financial  has nearly 1,600 branches across 44 states, making them more accessible than BB&T depending on your location. However, OneMain only offers personal loans compared to BB&T's more varied offerings.
For borrowers with less-than-perfect credit, a personal loan from OneMain Financial might be a good fit. But in return for easier qualification requirements, you’ll find higher rates, from 16.05% - 35.99% APR. Qualified borrowers may be able to take out personal loans between $1,500 - $30,000 with terms of 2 to 5 years.
That said, if you have a good or excellent credit rating, you may be able to find a better deal with BB&T.