Personal & Auto Loan Rates in Rhode Island | Banking Rates

Auto Loans

Active as of 04.23.2025

Auto Loans

Model Years 2022-2025

Program	Term	APR*	Apply
2022-2025	63 Months	5.20%	Apply Now
2022-2025	66 Months	5.34%	Apply Now
2022-2025	72 Months	5.50%	Apply Now
2022-2025	75 Months	5.50%	Apply Now
2022-2025	84** Months	6.74%	Apply Now

DISCLOSURES*

*Annual Percentage Rate (APR) are lowest and subject to change without notice. Advertised APR is based on a credit score of 700 and a maximum Loan-To-Value (LTV) of 120% of retail value or MSRP value for new vehicles. Published rate includes a 0.25% discount given when you maintain automatic electronic payments. To qualify for the automatic payment rate discount, loan payments must be made automatically from an internal People’s checking account. An ACH authorization form must be completed at closing. Rate is subject to increase upon cancellation or cessation of the discount program. Other rates available based on creditworthiness. Monthly payment is advertised for the full term of the loan. **Minimum loan amount of $25,000 with maximum mileage of 25,000 with terms of 84 months.

2022-2025 Auto Loan (5.20% APR): 63 monthly payments of $18.19 per $1,000 borrowed.
2022-2025 Auto Loan (5.34% APR): 66 monthly payments of $17.56 per $1,000 borrowed.
2022-2025 Auto Loan (5.50% APR): 72 monthly payments of $16.38 per $1,000 borrowed.
2022-2025 Auto Loan (5.50% APR): 75 monthly payments of $15.82 per $1,000 borrowed.
2022-2025 Auto Loan (6.74% APR): 84 monthly payments of $15.01 per $1,000 borrowed.

DISCLOSURES

*Annual Percentage Rate (APR) are lowest and subject to change without notice. Advertised APR is based on a credit score of 700 and a maximum Loan-To-Value (LTV) of 120% of retail value or MSRP value for new vehicles. Published rate includes a 0.25% discount given when you maintain automatic electronic payments. To qualify for the automatic payment rate discount, loan payments must be made automatically from an internal People’s checking account. An ACH authorization form must be completed at closing. Rate is subject to increase upon cancellation or cessation of the discount program. Other rates available based on creditworthiness. Monthly payment is advertised for the full term of the loan.
**Minimum loan amount of $25,000 with maximum mileage of 25,000 with terms of 84 months.

2022-2025 Auto Loan (5.20% APR): 63 monthly payments of $18.19 per $1,000 borrowed.
2022-2025 Auto Loan (5.34% APR): 66 monthly payments of $17.56 per $1,000 borrowed.
2022-2025 Auto Loan (5.50% APR): 72 monthly payments of $16.38 per $1,000 borrowed.
2022-2025 Auto Loan (5.50% APR): 75 monthly payments of $15.82 per $1,000 borrowed.
2022-2025 Auto Loan (6.74% APR): 84 monthly payments of $15.01 per $1,000 borrowed.

Auto Loans

Model Years 2019-2021

Program	Term	APR*	Apply
2019-2021	63 Months	5.50%	Apply Now
2019-2021	66 Months	5.74%	Apply Now
2019-2021	72 Months	5.74%	Apply Now
2019-2021	75 Months	5.74%	Apply Now
2016-2018	63 Months	6.24%	Apply Now
2016-2018	66 Months	6.24%	Apply Now
2015	60 Months	9.24%	Apply Now

DISCLOSURES*

Interest Rates are subject to change without notice.

* Annual Percentage Rate (APR) subject to change without notice. Advertised APR is based on a credit score of 700 and a maximum Loan-To-Value (LTV) of 120% of retail value or MSRP value for new vehicles. Published rates includes a 0.25% discount given when you maintain automatic electronic payments. To qualify for the automatic payment rate discount, loan payments must be made automatically from a People’s checking account. An ACH authorization form must be completed at closing. Rate is subject to increase upon cancellation or cessation of the discount program. Other rates available based on creditworthiness. Monthly payment is advertised for the full term of the loan.

2019-2021 Auto Loan (5.50% APR): 63 monthly payments of $18.35 per $1,000 borrowed.
2019-2021 Auto Loan (5.74% APR): 66 monthly payments of $17.75 per $1,000 borrowed.
2019-2021 Auto Loan (5.74% APR): 72 monthly payments of $16.49 per $1,000 borrowed.
2019-2021 Auto Loan (5.74% APR): 75 monthly payments of $15.94 per $1,000 borrowed.
2016-2018 Auto Loan (6.24% APR): 63 monthly payments of $18.70 per $1,000 borrowed.
2016-2018 Auto Loan (6.24% APR): 66 monthly payments of $17.99 per $1,000 borrowed.
2015 Auto Loan (9.24% APR): 60 monthly payments of $20.95 per $1,000 borrowed.

DISCLOSURES

Interest Rates are subject to change without notice.

* Annual Percentage Rate (APR) subject to change without notice. Advertised APR is based on a credit score of 700 and a maximum Loan-To-Value (LTV) of 120% of retail value or MSRP value for new vehicles. Published rates includes a 0.25% discount given when you maintain automatic electronic payments. To qualify for the automatic payment rate discount, loan payments must be made automatically from a People’s checking account. An ACH authorization form must be completed at closing. Rate is subject to increase upon cancellation or cessation of the discount program. Other rates available based on creditworthiness. Monthly payment is advertised for the full term of the loan.

2019-2021 Auto Loan (5.50% APR): 63 monthly payments of $18.35 per $1,000 borrowed.
2019-2021 Auto Loan( 5.74% APR): 66 monthly payments of $17.75 per $1,000 borrowed.
2019-2021 Auto Loan (5.74% APR): 72 monthly payments of $16.49 per $1,000 borrowed.
2019-2021 Auto Loan (5.74% APR): 75 monthly payments of $15.94 per $1,000 borrowed.
2016-2018 Auto Loan (6.24% APR): 63 monthly payments of $18.70 per $1,000 borrowed.
2016-2018 Auto Loan (6.24% APR): 66 monthly payments of $17.99 per $1,000 borrowed.
2015 Auto Loan (9.24% APR): 60 monthly payments of $20.95 per $1,000 borrowed.

Motorcycle Loans

Model Years 2016-2024

Program	Term	APR*	Apply
2021-2024	60 Months	7.49%	Apply Now
2019-2020	72 Months	7.99%	Apply Now

DISCLOSURES*

*Annual Percentage Rate (APR) is lowest available and subject to change without notice. Advertised APR is based on a credit score of 700 and a maximum Loan-To-Value (LTV) of 90%. Other rates available based on creditworthiness. Monthly payment is advertised for the full term of the loan. New loans only.

2021-2024 Motorcycle Loan (7.49% APR): 60 monthly payments of $20.04 per $1,000 borrowed.
2019-2020 Motorcycle Loan (7.99% APR): 72 monthly payments of $17.53 per $1,000 borrowed.

DISCLOSURES

2021-2024 Motorcycle Loan (7.49% APR): 60 monthly payments of $20.04 per $1,000 borrowed.
2019-2020 Motorcycle Loan (7.99% APR): 72 monthly payments of $17.53 per $1,000 borrowed.

Personal Loans

Active as of 04.23.2025

Personal Loan

Product	APR* as low as	Apply
Any Purpose Loan	9.99%	Apply Now

DISCLOSURES*

*Annual Percentage Rate (APR) are lowest and subject to change without notice. Advertised APR based on a credit score of 700 or higher. Other rates available based on creditworthiness. Maximum amount of loan: $15,000.

Any Purpose Loan (9.99% APR): 24 monthly payments of $46.14 per $1,000 borrowed.

DISCLOSURES

Any Purpose Loan (9.99% APR): 24 monthly payments of $46.14 per $1,000 borrowed.

Personal Line of Credit

Adjustable Rate

Product	APR* as low as	Apply
Line of Credit	14.75%	Apply Now

DISCLOSURES*

Any Purpose Loan (15.25% APR): varies per $1,000 borrowed.

DISCLOSURES

Any Purpose Loan (15.25% APR): varies per $1,000 borrowed.

Compare Cards	People's CU Savings Secured	Local Bank One	Local Credit Union	National Bank One
Promotional APR for Purchases and Balance Transfers	0.00%	0.00%	0.00%	0.00%
Lowest APR for Purchases	7.50%	29.24%	29.24%	26.24%
Lowest APR for Balance Transfers	7.50%	29.24%	29.24%	26.24%
Annual Fee	None	$25.00	None	$12.00
	Apply Today

Compare Cards	People's CU Rewards	Local Bank One	Local Credit Union	Local Credit Union Two	National Bank One
Promotional APR for Purchases and Balance Transfers	0.00%	0.00%	0.00%	0.00%	0.00%
Lowest APR for Purchases	16.74% - 18.00%	18.74% to 28.74%	18.74% to 28.74%	14.49%-21.00%	19.24%-29.24%
Lowest APR for Balance Transfers	16.74% - 18.00%	18.74% to 28.74%	18.74% to 28.74%	14.49%-21.00%	19.24%-29.24%
Annual Fee	None	None	None	None	None
	Apply Today

Compare Cards	People's CU Low-Rate	Local Bank One	Local Credit Union	Local Credit Union Two	National Bank One
Promotional APR for Purchases and Balance Transfers	0.00%	0.00%	0.00%	0.00%	0.00%
Lowest APR for Purchases	13.24% - 18.00%	17.74% to 28.74%	17.74% to 28.74%	14.49%-21.00%	16.24%-26.24%
Lowest APR for Balance Transfers	13.24% - 18.00%	17.74% to 28.74%	17.74% to 28.74%	14.49%-21.00%	16.24%-26.24%
Annual Fee	None	None	None	None	None
	Apply Today