Personal

What to expect when applying for a personal loan

In this episode, we discuss what you need to consider when applying for a personal loan, what to expect during the application process and ultimately, once the loan is placed, then what?

Jul. 24, 2025 25-minute listen

What to expect when applying for a personal loan. Opens a new window.Go to podcast (25 minutes) What to expect when applying for a personal loan. Opens a new window.

In this episode, "What to expect when applying for a personal loan,” our host Steven Yi joins Mark Schmidt to discuss the sometimes-overlooked considerations when exploring loan options and what you can expect once you’ve applied. They cover how to determine what loan is right for you, interest rates, collateral, and what factors make an application stand out to lenders.

Presented by:

Steven Yi

Managing Director & Capital Advisor
CIBC Bank USA

Follow me on LinkedIn Opens a new window.

Mark Schmidt

Managing Director & Private Banker
CIBC US Private Wealth

Bio

Join the conversation

CIBC’s podcast series, Financial Toolbox, understands that financial wellness is not innate, it’s learned. Our team of experts are here to equip you with the information you need to make your financial literacy journey a reality.