First Bank and Trust of New Orleans Personal Line of Credit Review

First Bank and Trust of New Orleans Personal Line of Credit is offered by First Bank and Trust of New Orleans, a bank founded in 1991 and based in New Orleans, LA. First Bank and Trust of New Orleans Personal Line of Credit is available in 3 states across the USA.

What APRs does First Bank and Trust of New Orleans Personal Line of Credit offer?

First Bank and Trust of New Orleans Personal Line of Credit offers a fixed APR product up to .25% APR.

Does the First Bank and Trust of New Orleans Personal Line of Credit charge an origination fee?

Yes, First Bank and Trust of New Orleans Personal Line of Credit charges a line of credit origination fee.

Does the First Bank and Trust of New Orleans Personal Line of Credit charge a cash advance fee?

Yes, First Bank and Trust of New Orleans Personal Line of Credit may charge a fee of 3% of the amount of each cash advance. of $5

Does the First Bank and Trust of New Orleans Personal Line of Credit charge a statement balance fee?

Does First Bank and Trust of New Orleans Personal Line of Credit charge a late fee?

Yes, First Bank and Trust of New Orleans Personal Line of Credit may charge borrowers a late payment fee of up to $35 .

How much can you borrow via First Bank and Trust of New Orleans Personal Line of Credit?

Upon approval and based on your credit worthiness, your First Bank and Trust of New Orleans Personal Line of Credit personal line of credit will be assigned a credit limit of at least $1,000 and as much as $50,000. .

First Bank and Trust of New Orleans Personal Line of Credit Fees

Cash Advance Fee	3%
Origination Fee	No
Prepayment Fee?	Yes
Late Payment Fee	$35
Statement Balance Fee	No

What do you need to qualify for First Bank and Trust of New Orleans Personal Line of Credit?

Applicants with a credit score of at least 600 and up to 840 may be eligible for First Bank and Trust of New Orleans Personal Line of Credit. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

First Bank and Trust of New Orleans Personal Line of Credit does not have or does not disclose a minimum annual income eligibility requirement. First Bank and Trust of New Orleans Personal Line of Credit only considers borrowers who are employed.

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 First Bank and Trust of New Orleans Personal Line of Credit. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by First Bank and Trust of New Orleans Personal Line of Credit. 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
• Recent bank statements
• Driver's license
• Government issued photo ID
• Proof of identity

Does First Bank and Trust of New Orleans Personal Line of Credit report your account activity to credit bureaus?

Yes, First Bank and Trust of New Orleans Personal Line of Credit 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.

How to apply for First Bank and Trust of New Orleans Personal Line of Credit

• Visit the First Bank and Trust of New Orleans Personal Line of Credit website.
• Fill in the application form. You will typically need to provide general information such as your name, address, email address, Social Security Number, source of income and employment, and checking account information.
• Check the information is accurate and submit your application.