Best Personal Loan Rates in Rhode Island (RI) - April 2026
Content reviewed by
Brian McKay
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Editorial Disclosure
Brian McKay
Brian McKay
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of local and national lenders actively lending to Rhode Island borrowers. Note that your final approved personal loan rate will depend on your specific credit profile, loan amount, and loan term.
Current personal loan options available to borrowers in Rhode Island include: Citizens BankCitizens Bank8 Washington Sq, Newport, RI, 02840A5.0 ★Texas Ratio: 8.28% offering Medical Residency Refinance Loan at 5.45% APR, Rhode Island Credit UnionRhode Island Credit Union160 Francis St, Providence, RI, 02903 1118A+5.0 ★Texas Ratio: 2.38% offering Personal Loan at 6.65% APR, Coastal1 Credit UnionCoastal1 Credit Union540 Broadway, Pawtucket, RI, 02860 1227A+5.0 ★Texas Ratio: 2.03% offering Balloon Land Loans (Buildable Lot) 1/1 at 6.71% APR, TD BankTD Bank231 County Rd, Barrington, RI, 02806A5.0 ★Texas Ratio: 6.30% offering Personal Loan at 7.99% APR, and Washington Trust Company, of WesterlyWashington Trust Company, of Westerly156 Westminster St, Providence, RI, 02903A5.0 ★Texas Ratio: 7.68% offering Land Loans (Buildable Land) at 8.24% APR. Personal loan rates as of April 8, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare personal loan rates across Rhode Island side-by-side. Rhode Island personal loan rates currently start as low as 5.45% APR from Citizens Bank at 8 Washington Sq, Newport, RI, 02840. Rates are continually updated — we recommend checking back frequently.
We empower borrowers with transparent, proprietary financial health metrics—including A-F Safety Grades, verified Star Ratings, and Texas Ratios—so you can confidently borrow from a stable, highly-rated institution in Rhode Island.
Personal loan rates reflect recent market quotes and representative offers available to borrowers in Rhode Island. Rates shown are typically “as low as” APRs for borrowers with excellent credit. Your final approved rate will depend on your credit history, credit score, income, and loan amount. Personal Loan Rates Last Updated and Verified: April 8, 2026
Source: Verified Personal Loan Rate Data provided by MonitorBankRates
Institution
Loan Product
APR
Profile
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
8 Washington Sq, Newport, RI, 02840
Medical Residency Refinance Loan
5.45%
▼
APR5.45%
Last UpdatedApril 9, 2026
Details
Fixed rates
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
8 Washington Sq, Newport, RI, 02840
Medical Residency Refinance Loan
5.51%
▼
APR5.51%
Last UpdatedApril 9, 2026
Details
Variable rates
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
8 Washington Sq, Newport, RI, 02840
Variable Rate Loan
5.51%
▼
APR5.51%
Last UpdatedApril 9, 2026
Details
Your interest rate and monthly payments can fluctuate during the repayment period.
Rhode Island Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Personal Loan
6.65%
▼
APR6.65%
Last UpdatedApril 9, 2026
Details
No additional details available.
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Balloon Land Loans (Buildable Lot) 1/1
6.71%
▼
APR6.71%
Last UpdatedApril 9, 2026
Details
No additional details available.
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Equity Loans
7.13%
▼
APR7.13%
Last UpdatedApril 9, 2026
Details
No additional details available.
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Loans
7.13%
▼
APR7.13%
Last UpdatedApril 9, 2026
Details
As Low As
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Balloon Land Loans (Buildable Lot) 5/1
7.16%
▼
APR7.16%
Last UpdatedApril 9, 2026
Details
No additional details available.
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Equity Loans
7.38%
▼
APR7.38%
Last UpdatedApril 9, 2026
Details
No additional details available.
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Equity Loans
7.63%
▼
APR7.63%
Last UpdatedApril 9, 2026
Details
No additional details available.
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Equity Loans
7.88%
▼
APR7.88%
Last UpdatedApril 9, 2026
Details
No additional details available.
TD Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.30%
231 County Rd, Barrington, RI, 02806
Personal Loan
7.99%
▼
APR7.99%
Last UpdatedApril 9, 2026
Details
Loan amount: $2,000 to $50,000; Terms: 36 to 60 months; No origination or application fees, and no prepayment penalty
Washington Trust Company, of Westerly
Institution Rating:
A5.0 ★Texas Ratio: 7.68%
156 Westminster St, Providence, RI, 02903
Land Loans (Buildable Land)
8.24%
▼
APR8.24%
Last UpdatedApril 9, 2026
Details
Up to 65% LTV
Washington Trust Company, of Westerly
Institution Rating:
A5.0 ★Texas Ratio: 7.68%
156 Westminster St, Providence, RI, 02903
Land Loans (Buildable Land)
8.54%
▼
APR8.54%
Last UpdatedApril 9, 2026
Details
Up to 65% LTV
Washington Trust Company, of Westerly
Institution Rating:
A5.0 ★Texas Ratio: 7.68%
156 Westminster St, Providence, RI, 02903
Land Loans (Buildable Land)
8.74%
▼
APR8.74%
Last UpdatedApril 9, 2026
Details
Up to 65% LTV
Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Holiday Loan
9.00%
▼
APR9.00%
Last UpdatedApril 9, 2026
Details
No additional details available.
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
9.24%
▼
APR9.24%
Last UpdatedApril 9, 2026
Details
No additional details available.
Cranston Municipal Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
1615 Pontiac Ave, Cranston, RI, 02920
Personal Loans
9.49%
▼
APR9.49%
Last UpdatedApril 9, 2026
Details
As Low As
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
9.74%
▼
APR9.74%
Last UpdatedApril 9, 2026
Details
No additional details available.
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
8 Washington Sq, Newport, RI, 02840
Medical Residency Refinance Loan
9.99%
▼
APR9.99%
Last UpdatedApril 9, 2026
Details
Fixed rates
Wave Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.65%
480 Greenwich Ave, Warwick, RI, 02886 1606
Personal Unsecured Loan
9.99%
▼
APR9.99%
Last UpdatedApril 9, 2026
Details
As Low As
The Peoples Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.41%
858 W Main Rd, Middletown, RI, 02842
Any Purpose Loan
9.99%
▼
APR9.99%
Last UpdatedApril 9, 2026
Details
No additional details available.
Westerly Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
122 Granite St, Westerly, RI, 02891
Personal Loan
9.99%
▼
APR9.99%
Last UpdatedApril 9, 2026
Details
As Low As
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
10.24%
▼
APR10.24%
Last UpdatedApril 9, 2026
Details
No additional details available.
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
8 Washington Sq, Newport, RI, 02840
Medical Residency Refinance Loan
10.31%
▼
APR10.31%
Last UpdatedApril 9, 2026
Details
Variable rates
Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.52%
10 Monument Sq, Woonsocket, RI, 02895
Personal with co-maker
10.45%
▼
APR10.45%
Last UpdatedApril 9, 2026
Details
As Low As
Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.52%
10 Monument Sq, Woonsocket, RI, 02895
Personal Loans
10.45%
▼
APR10.45%
Last UpdatedApril 9, 2026
Details
As Low As
Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.52%
10 Monument Sq, Woonsocket, RI, 02895
Personal Unsecured
10.45%
▼
APR10.45%
Last UpdatedApril 9, 2026
Details
As Low As
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Personal/Consolidation Loans
10.49%
▼
APR10.49%
Last UpdatedApril 9, 2026
Details
Loan amounts up to $10,000
Rhode Island Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Personal Loan
10.65%
▼
APR10.65%
Last UpdatedApril 9, 2026
Details
No additional details available.
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
10.74%
▼
APR10.74%
Last UpdatedApril 9, 2026
Details
No additional details available.
Coastal1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
540 Broadway, Pawtucket, RI, 02860 1227
Personal/Consolidation Loans
10.99%
▼
APR10.99%
Last UpdatedApril 9, 2026
Details
Loan amounts $10,001 - $15,000
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
11.24%
▼
APR11.24%
Last UpdatedApril 9, 2026
Details
No additional details available.
Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Personal Loan
12.00%
▼
APR12.00%
Last UpdatedApril 9, 2026
Details
No additional details available.
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Pet Expense Loan
12.49%
▼
APR12.49%
Last UpdatedApril 9, 2026
Details
depending on credit score
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Pet Expense Loan
12.74%
▼
APR12.74%
Last UpdatedApril 9, 2026
Details
depending on credit score
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Pet Expense Loan
12.99%
▼
APR12.99%
Last UpdatedApril 9, 2026
Details
depending on credit score
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Pet Expense Loan
13.24%
▼
APR13.24%
Last UpdatedApril 9, 2026
Details
depending on credit score
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Loan
13.75%
▼
APR13.75%
Last UpdatedApril 9, 2026
Details
depending on credit score
Washington Trust Company, of Westerly
Institution Rating:
A5.0 ★Texas Ratio: 7.68%
156 Westminster St, Providence, RI, 02903
Unsecured Personal Loans
13.75%
▼
APR13.75%
Last UpdatedApril 9, 2026
Details
No additional details available.
Milford Federal Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.42%
2020 Diamond Hill Rd, Woonsocket, RI, 02895
Unsecured Personal Loan
14.00%
▼
APR14.00%
Last UpdatedApril 9, 2026
Details
Rate reduced 1/4% on all personal loans with automatic loan payment from MFB deposit account.
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Loan
14.25%
▼
APR14.25%
Last UpdatedApril 9, 2026
Details
depending on credit score
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Loan
14.75%
▼
APR14.75%
Last UpdatedApril 9, 2026
Details
depending on credit score
Washington Trust Company, of Westerly
Institution Rating:
A5.0 ★Texas Ratio: 7.68%
156 Westminster St, Providence, RI, 02903
Unsecured Personal Loans
15.65%
▼
APR15.65%
Last UpdatedApril 9, 2026
Details
No additional details available.
Ocean State Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.10%
2006 Nooseneck Hill Rd, Coventry, RI, 02816
Debt Consolidation Loans
15.75%
▼
APR15.75%
Last UpdatedApril 9, 2026
Details
As Low As
Ocean State Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.10%
2006 Nooseneck Hill Rd, Coventry, RI, 02816
Personal Loans
15.75%
▼
APR15.75%
Last UpdatedApril 9, 2026
Details
As Low As
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Loan
15.75%
▼
APR15.75%
Last UpdatedApril 9, 2026
Details
depending on credit score
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Bridge Loan
16.00%
▼
APR16.00%
Last UpdatedApril 9, 2026
Details
No additional details available.
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Smart Start Loan
18.00%
▼
APR18.00%
Last UpdatedApril 9, 2026
Details
No additional details available.
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Bridge Loan
18.00%
▼
APR18.00%
Last UpdatedApril 9, 2026
Details
No additional details available.
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Bridge Loan
20.00%
▼
APR20.00%
Last UpdatedApril 9, 2026
Details
No additional details available.
Powered by
MonitorBankRates
Source: Verified Personal Loan Rate Data provided by MonitorBankRates
Institution
Loan Product
APR
Profile
Rhode Island Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Personal Loan
6.65%
▼
APR6.65%
Last UpdatedApril 9, 2026
Details
No additional details available.
TD Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.30%
231 County Rd, Barrington, RI, 02806
Personal Loan
7.99%
▼
APR7.99%
Last UpdatedApril 9, 2026
Details
Loan amount: $2,000 to $50,000; Terms: 36 to 60 months; No origination or application fees, and no prepayment penalty
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
9.24%
▼
APR9.24%
Last UpdatedApril 9, 2026
Details
No additional details available.
Cranston Municipal Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
1615 Pontiac Ave, Cranston, RI, 02920
Personal Loans
9.49%
▼
APR9.49%
Last UpdatedApril 9, 2026
Details
As Low As
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
9.74%
▼
APR9.74%
Last UpdatedApril 9, 2026
Details
No additional details available.
Westerly Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
122 Granite St, Westerly, RI, 02891
Personal Loan
9.99%
▼
APR9.99%
Last UpdatedApril 9, 2026
Details
As Low As
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
10.24%
▼
APR10.24%
Last UpdatedApril 9, 2026
Details
No additional details available.
Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.52%
10 Monument Sq, Woonsocket, RI, 02895
Personal Loans
10.45%
▼
APR10.45%
Last UpdatedApril 9, 2026
Details
As Low As
Rhode Island Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Personal Loan
10.65%
▼
APR10.65%
Last UpdatedApril 9, 2026
Details
No additional details available.
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
10.74%
▼
APR10.74%
Last UpdatedApril 9, 2026
Details
No additional details available.
Navigant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.27%
693 Broad St, Central Falls, RI, 02863
Personal Loans
11.24%
▼
APR11.24%
Last UpdatedApril 9, 2026
Details
No additional details available.
Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Personal Loan
12.00%
▼
APR12.00%
Last UpdatedApril 9, 2026
Details
No additional details available.
Washington Trust Company, of Westerly
Institution Rating:
A5.0 ★Texas Ratio: 7.68%
156 Westminster St, Providence, RI, 02903
Unsecured Personal Loans
13.75%
▼
APR13.75%
Last UpdatedApril 9, 2026
Details
No additional details available.
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Loan
13.75%
▼
APR13.75%
Last UpdatedApril 9, 2026
Details
depending on credit score
Milford Federal Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.42%
2020 Diamond Hill Rd, Woonsocket, RI, 02895
Unsecured Personal Loan
14.00%
▼
APR14.00%
Last UpdatedApril 9, 2026
Details
Rate reduced 1/4% on all personal loans with automatic loan payment from MFB deposit account.
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Loan
14.25%
▼
APR14.25%
Last UpdatedApril 9, 2026
Details
depending on credit score
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Loan
14.75%
▼
APR14.75%
Last UpdatedApril 9, 2026
Details
depending on credit score
Washington Trust Company, of Westerly
Institution Rating:
A5.0 ★Texas Ratio: 7.68%
156 Westminster St, Providence, RI, 02903
Unsecured Personal Loans
15.65%
▼
APR15.65%
Last UpdatedApril 9, 2026
Details
No additional details available.
Ocean State Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.10%
2006 Nooseneck Hill Rd, Coventry, RI, 02816
Personal Loans
15.75%
▼
APR15.75%
Last UpdatedApril 9, 2026
Details
As Low As
Greenwood Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.56%
2669 Post Rd, Warwick, RI, 02886 3039
Personal Loan
15.75%
▼
APR15.75%
Last UpdatedApril 9, 2026
Details
depending on credit score
Powered by
MonitorBankRates
Source: Verified Personal Loan Rate Data provided by MonitorBankRates
Institution
Loan Product
APR
Profile
Ocean State Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.10%
2006 Nooseneck Hill Rd, Coventry, RI, 02816
Debt Consolidation Loans
15.75%
▼
APR15.75%
Last UpdatedApril 9, 2026
Details
As Low As
Powered by
MonitorBankRates
No signature loans personal loan rates found in Rhode Island currently.
No home improvement personal loan rates found in Rhode Island currently.
Rhode Island Personal Loan Rate Trends
Compare local Rhode Island personal loan rates against the statewide average
Daily personal loan rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Personal Loan — RI Avg
11.353%
▼ 1.548 vs 7 days ago
Rhode Island personal loan rates fell 1.548 points over the past 7 days to 11.353% APR.
Signature Loan — RI Avg
11.077%
▼ 0.014 vs 7 days ago
Rhode Island signature loan rates fell 0.014 points over the past 7 days to 11.077% APR.
As of Apr 9, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Frequently Asked Questions
What credit score do I need for a personal loan in Rhode Island?
Most lenders in Rhode Island require a minimum credit score of 620 for approval, but borrowers with scores of 720 or higher will qualify for the most competitive APRs. Credit unions in Rhode Island often have more flexible requirements than traditional banks.
What is the difference between secured and unsecured personal loans?
Unsecured personal loans in Rhode Island require no collateral and are approved based on your creditworthiness alone. Secured loans are backed by an asset (such as savings or a vehicle) and typically offer lower interest rates. If you default on a secured loan, the lender may seize the collateral.
Can I use a personal loan for debt consolidation in Rhode Island?
Yes. Debt consolidation is one of the most common uses of personal loans in Rhode Island. By rolling multiple high-interest debts (credit cards, medical bills) into a single personal loan with a lower APR, you can reduce your total interest costs and simplify repayment.
Are credit unions or banks better for personal loans in Rhode Island?
Credit unions in Rhode Island often offer lower APRs and more flexible underwriting than traditional banks because they are member-owned and not-for-profit. However, you must meet membership eligibility requirements. Banks may offer faster approvals and larger loan amounts.
What are the best personal loan rates in Rhode Island?
- Citizens Bank: 5.45% (Medical Residency Refinance Loan)
- Rhode Island Credit Union: 6.65% (Personal Loan)
- Coastal1 Credit Union: 6.71% (Balloon Land Loans (Buildable Lot) 1/1)
- TD Bank: 7.99% (Personal Loan)
- Washington Trust Company, of Westerly: 8.24% (Land Loans (Buildable Land))
Personal Loan Rates reflect actual verified offers from banks and credit unions actively lending in Rhode Island. Your final approved rate will depend on your credit profile and loan term. Last Updated and Verified: April 8, 2026.
