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Consumer Services

Personal Unsecured Loans

Whether you need to meet unforeseen expenses, such as home or vehicle repairs or medical expenses, or want to consolidate higher rate debt, a personal unsecured loan from Somerset Hills Bank may be a smart choice to get the money you need, quickly and conveniently.

A personal unsecured loan from Somerset Hills Bank offers the following benefits:

  • Trusted personal service with prompt, local decision making
  • Borrow for a variety of needs
  • Lock in a fixed rate of interest
 
  • No application fees, closing costs or prepayment fees
  • Borrow from $500 to $20,000.
  • Loan terms from 12 to 48 months



Personal Loans (Unsecured) - Current Rate - as of September 1, 2010

Loan TypeLoan TermAnnual Percentage RateMonthly Payment Per $1,000 Borrowed
Installment Loan12 Months14.75%$90.17
Installment Loan24 Months14.75%$48.39
Installment Loan36 Months14.75%$34.56
Installment Loan48 Months14.75%$27.72

Annual Percentage Rate (APR) applies to Personal Unsecured Loans with automatic deduction from a Somerset Hills Bank checking account. APR without automatic deduction service is 0.25% higher. APR is subject to change and may be withdrawn at any time without prior notice.




Contact Us

If you have questions, please feel free to call or stop in at any one of our branch locations, or you may contact one of the following individuals:

Peter A. Longo
Consumer Loan Manager
(908) 630-5003
James Nigro
Senior Loan Officer
(908) 630-5016



Download an Application

We appreciate your interest in applying for a loan with Somerset Hills Bank. Click on the link below to print out an application and instructions.


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