First Horizon Bank Auto Loans Review

First Horizon Bank Auto Loans is offered by First Horizon Bank, a bank founded in 1864 and based in Memphis, TN. First Horizon Bank Auto Loans is available in 6 states across the USA.

What APR does First Horizon Bank Auto Loans offer on its auto loans?

First Horizon Bank Auto Loans offers a fixed APR auto 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 First Horizon Bank Auto Loans charge an origination fee?

Yes, First Horizon Bank Auto Loans may charge a loan origination fee.

Does First Horizon Bank Auto Loans charge a late fee?

Yes, First Horizon Bank Auto Loans charges borrowers with a late payment penatly fee

Does First Horizon Bank Auto Loans charge prepayment fees?

Yes, First Horizon Bank Auto Loans 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 First Horizon Bank Auto Loans loan?

Yes, you can. However, First Horizon Bank charges a prepayment fee if you pay your auto loan early. This fee could reduce or eliminate the savings from paying the auto loan early.

What do you need to qualify for First Horizon Bank Auto Loans?

First Horizon Bank Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. First Horizon Bank Auto Loans only considers borrowers who are employed.

U.S. citizens are, of course, eligible for the services offered by First Horizon Bank Auto Loans. Permanent resident / green card holders are also eligible to apply.

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

• Driver's license
• Government issued photo ID
• Proof of identity
• Proof of citizenship or residence permit

Does First Horizon Bank Auto Loans report your account activity to credit bureaus?

Yes, First Horizon Bank Auto Loans 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.