First Bank and Trust of Texas Personal Loan Review

First Bank and Trust of Texas Personal Loan is offered by Heartland Financial USA Inc, a nonbank financial services provider founded in 1981 and based in Dubuque, IA. First Bank and Trust of Texas Personal Loan is available in 1 state across the USA.

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• Prequalifed rate. You can check your prequalified rate at Heartland Financial USA Inc with a soft pull that will not affect your credit score.
• Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your First Bank and Trust of Texas Personal Loan early.

Pros	Cons
Considers applicants with fair credit.	Charges an origination fee. Charges prepayment fees. Charges a late fee of $35

What rates and terms does First Bank and Trust of Texas Personal Loan offer?

First Bank and Trust of Texas Personal Loan has lower interest rates than the average for lenders reviewed on SuperMoney.

What fees does First Bank and Trust of Texas Personal Loan charge?

What do you need to qualify for First Bank and Trust of Texas Personal Loan?

Applicants with a credit score of at least 500 and up to 840 may be eligible for First Bank and Trust of Texas Personal Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

First Bank and Trust of Texas Personal Loan does not have or does not disclose a minimum annual income eligibility requirement. First Bank and Trust of Texas Personal Loan 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 Texas Personal Loan. 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 Texas Personal Loan. Permanent resident / green card holders are also eligible to apply.

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

• Recent pay stubs
• Government issued photo ID
• Proof of identity

First Bank and Trust of Texas Personal Loan Eligibility Criteria

Minimum Age	18
Bank Account Required?	No
Credit Score	500 - 840

Does First Bank and Trust of Texas Personal Loan report your account activity to credit bureaus?

Yes, First Bank and Trust of Texas Personal 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.