Many credit cards charge a very high interest rate. With a personal loan, you could pay off your balances and save money in the long run.
By using personal assets like your car, CDs or savings as collateral, a secured loan may offer a lower interest rate and be easier to obtain. Ask your banker about your collateral options. If you have experienced credit challenges, a secured loan can help you reach your financial goals.
An unsecured loan is not associated with any collateral but may feature a slightly higher interest rate and carry certain credit requirements.
Save 0.50% off of certain loan interest rates with regular automatic payments from your Hancock Whitney Bank personal checking account. Certain restrictions and limitations will apply.
Preferred Lines of Credit offer financial flexibility and peace of mind.
1Preferred Line of Credit rates are variable based on The Wall Street Journal U.S. Prime rate as designated in the "Money Rates" section of The Wall Street Journal plus a margin. Prime Rate was 8.50% as of 7/27/23. Rates can range from 12.50% to 16.50% and are based on your line amount and creditworthiness.