Personal loans
A fixed payment, a fixed term, and no prepayment penalty
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Personal
Auto & equipment loans
New, used or refinance, with the total cost spelled out in full
Overview
Finance a new or used vehicle over 12 to 84 months at a fixed rate. Before you sign we show you the monthly payment, the total interest and what the vehicle will have cost you by the end of the term.
The same team finances business vehicles, trailers and heavy equipment, underwritten on the asset and your operating history.
Why HBI
Banking that says the price first
Every HBI personal product is built the same way: one published fee, one published rate range, and the conditions written on the page rather than in a footnote. You should be able to work out what something costs before you speak to anyone.
When your circumstances change, the product should change with you. Moving between account tiers is free, paying off credit early carries no penalty, and we write to you before a fee that affects you changes.
What you get
Everything that is included
The full list, not the highlights. If something is not here, it is not included.
Features
- Terms of 12 to 84 months, with down payments from 0%
- Fixed rates for the full term
- A 0.25% rate discount with automatic payments from an HBI account
- Payoff quotes available instantly from online banking
- Comprehensive and collision insurance required, through any insurer
- Refinance of an existing vehicle loan from another lender
What you need to qualify
- Minimum annual income of $24,000
- Valid driver’s license and proof of insurance
- Comprehensive and collision coverage for the full term
- Vehicles older than ten years at the end of the term are assessed individually
Not sure you qualify?Speak to a banker before applying. A conversation costs nothing and does not touch your credit report.
Calculator
Work out the repayment first
Change the amount, the term or the rate and the three figures update as you type.
How it works
Three steps, start to finish
What happens, in what order, and roughly how long each part takes.
Get pre-approved
Tell us your budget and we confirm the amount, rate and term you qualify for.
Choose the vehicle
Dealer or private party. We verify the title and the vehicle’s value.
Sign and drive
Sign electronically; we pay the seller directly once the vehicle is verified and insured.
Good to know
How we look after you
Three commitments that apply to every personal product, this one included.
Thirty days’ notice of any fee change
Fees are reviewed once a year. We publish changes at least thirty days ahead and write to you directly when a change affects a product you hold.
Your deposits are protected
Deposits are insured by the FDIC up to $250,000 per depositor, per ownership category. Coverage is automatic and costs you nothing.
A complaint goes to a person
Tell us first and a named case handler replies within two business days. If we have not resolved it in twenty, you can submit a complaint to the Consumer Financial Protection Bureau at no cost.
Questions
Questions clients actually ask
If yours is not here, a banker will answer it directly.
A longer term lowers the monthly payment but costs more in total interest, and you can owe more than the vehicle is worth for longer. We show both figures for every term so you can compare.
Yes. We require a clean title, a vehicle history report and confirmation that the seller’s existing loan, if any, is paid off at transfer.
Yes. A payoff quote is available instantly in online banking and is valid for ten days. There is no prepayment penalty.
Yes, on the same terms, and qualifying EVs and hybrids receive a 0.25% rate reduction under our sustainable finance framework.
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Products clients commonly hold alongside this one.
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Coverage you can claim on from the app, with the turnaround published
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Business loans & working capital
Assessed on how you trade, not only on what you own
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Personal
Ready to take this further?
Apply online in about ten minutes, or ask a banker to call you at a time that suits.