FB&T Auto Loan Review

FB&T Auto Loan is offered by FB&T, a bank founded in 1934 and based in Perry, OK. FB&T Auto Loan is available in 1 state across the USA.

What APR does FB&T Auto Loan offer on its car loans?

FB&T Auto Loan offers a fixed apr car loan product but they do not disclose their rates.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

Does FB&T Auto Loan charge an origination fee?

Yes, FB&T Auto Loan may charge a loan origination fee.

Does FB&T Auto Loan charge a late fee?

Yes, FB&T Auto Loan charges borrowers with a late payment penatly fee

Does FB&T Auto Loan charge prepayment fees?

Yes, FB&T Auto Loan does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my FB&T Auto Loan loan?

Yes, you can. However, FB&T Auto Loan charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.

What do you need to qualify for FB&T Auto Loan?

Applicants with a credit score of at least 580 and up to 840 may be eligible for FB&T Auto Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

FB&T Auto Loan does not have or does not disclose a minimum annual income eligibility requirement. FB&T Auto Loan only considers borrowers who are employed. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via FB&T Auto Loan. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by FB&T Auto Loan. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Recent pay stubs
• Proof of income
• Proof of insurance
• Driver's license
• Government issued photo ID
• Proof of identity

Does FB&T Auto Loan report your account activity to credit bureaus?

Yes, FB&T Auto Loan reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.