1st Bank Trust New Orleans Personal Line Credit

1st Bank Trust New Orleans Personal Line Credit Review

1st Bank Trust New Orleans Personal Line Credit is offered by First Bank and Trust of New Orleans, a bank founded in 1991 and based in New Orleans, LA. 1st Bank Trust New Orleans Personal Line Credit is available in 3 states across the USA.

First Bank and Trust of New Orleans personal line of credit FAQ

What APRs does 1st Bank Trust New Orleans Personal Line Credit offer?

1st Bank Trust New Orleans Personal Line Credit offers a fixed APR product and goes up to .25% APR.

Does First Bank and Trust of New Orleans personal line of credit charge an origination fee?

Yes, they charge 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, they may charge a fee of 3% of the amount of each cash advance. of $5

Does the 1st Bank Trust New Orleans Personal Line Credit charge a statement balance fee?

No, this lender does not charge a statement balance fee.

Does 1st Bank Trust New Orleans Personal Line Credit charge a late fee?

Yes, they 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 score, your personal line of credit will be assigned a credit limit of at least $1,000 and as much as $50,000. .

1st Bank Trust New Orleans Personal Line 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 1st Bank Trust New Orleans Personal Line Credit?

Applicants with a credit score of at least 600 and up to 840 may be eligible for 1st Bank Trust New Orleans Personal Line Credit. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

1st Bank Trust New Orleans Personal Line Credit does not have or does not disclose a minimum annual income eligibility requirement. 1st Bank Trust New Orleans Personal Line 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 1st Bank Trust New Orleans Personal Line Credit. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by 1st Bank Trust New Orleans Personal Line 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 1st Bank Trust New Orleans Personal Line Credit report your account activity to credit bureaus?

Yes, 1st Bank Trust New Orleans Personal Line 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.

Is First Bank and Trust of New Orleans a legit company?

First Bank and Trust of New Orleans was founded in 1991, it is a well-established company that has been in business for 31 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

How to apply for First Bank and Trust of New Orleans personal line of credit

• Visit the 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.