Eligibility Requirements:
- U.S. resident in eligible states (CT, DE, ME, MD, MA, NH, NJ, NY, PA, VT, VA, DC, WV)
- Valid ID and U.S. bank account
- Meet M&T credit criteria
- For loans $30,000–$39,999, term must be 36 months or less to qualify for lowest APR
Loan application steps:
- Visit the M&T Bank personal loan page
- Choose loan amount and term
- Select your checking account type (for discount)
- Input credit score estimate
- Submit application and await approval
Frequently Asked Questions
How long does it take to get approved for a M&T Bank loan?
Most applications are reviewed within minutes, with same-day decisions possible for qualified applicants.
Is it required to explain why credit is being used?
Yes, loans must be for eligible purposes. You may be asked to provide a brief explanation.
Do I need to have a good credit score to be approved for a M&T Bank loan?
Credit profile influences approval, but clients with M&T checking accounts may receive more flexible terms and discounts.
Can I apply for a loan if I am self-employed?
Yes, self-employed individuals are welcome to apply. Additional documentation may be required.