by Ivan Ross on Nov 4th, 2013 | 0 comments
Bank of Montreal serves the US clients through BMO Harris Bank, a major US Midwest personal and commercial bank with branches across the nation. The Canada-based bank has increased its presence in the US with acquisitions of Marshall & Ilsley (M&I) and Harris Bank. Among the broad range of financial services that the bank has to offer include personal loans, which can be a great help for the people in acute financial need. If you are in urgent requirements of a fund, then Bank of Montreal Personal Loans can be the answer.
With the loan amount, you can easily consolidate outstanding debts or pay for expenses incurred on account of a sudden illness or financial loss. There can be other lending options too. But, you may need something of value to back the borrowing amount. A personal loan is an unsecured loan by nature. This means the bank is not going to ask you for collateral. Instead, it might want to see you in good financial standing, which you can prove easily with evidences of a regular and steady income source and a good credit rating.
Features of BMO Harris Personal Loans
Application process is as simple as you might wish. The experts at the bank are more than happy to help you through the application process. Their cordial assistance is also an assurance for a fast and guaranteed approval. What’s more, you are offered with a wide variety of loan options. The interest rates, terms and payment methods may vary with the option you choose. This makes it possible to tailor made a loan according to one’s financial needs and payment capabilities.
Talking about the payment options, the bank tries to give greater flexibility with benefits like no prepayment penalty and convenient payment methods. For example, you can pay online using BMO Harris Online Banking or by phone. If using online banking, you can set auto pay to allow the bank to automatically deduct from your BMO Harris checking account every month before the due date. With over 600 branches across the country, the bank also makes it possible for you to pay in person or by mail.