First Bank Personal Loan
in Personal Loans from First BankUnaffiliated
|APR (Fixed APR)||N/A|
|Loan Term (Months)||N/A|
First Bank Personal Loan Review
First Bank Personal Loan is offered by First Bank, a bank founded in 1906 and based in Creve Coeur, MO. First Bank Personal Loan is available in 3 states across the USA.
- Prequalified rate. You can check your prequalified rate at First Bank 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 Personal Loan early.
- Cosigner applications accepted. Applying for First Bank Personal Loan with a cosigner can improve your chances of approval and help you qualify for lower interest rates.
What interest rates and personal loan terms does First Bank Personal Loan offer?
First Bank Personal Loan has lower interest rates than the average for lenders reviewed on SuperMoney.
What interest rates does First Bank Personal Loan offer?
First Bank Personal Loan offers a fixed APR personal loan product but they do not disclose their interest rates.
|Personal Loan Amount||N/A|
What fees does First Bank Personal Loan charge?
Does First Bank Personal Loan charge an origination fee?
First Bank Personal Loan may charge a personal loan origination fee.
Does First Bank Personal Loan charge a late fee?
Yes, First Bank Personal Loan may charge borrowers a late payment fee if you miss one of the monthly payments.
Does First Bank Personal Loan charge prepayment fees?
Yes, First Bank Personal Loan may charge additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a personal loan early.
|Late Payment Fee||N/A|
What do you need to qualify for First Bank Personal Loan?Applicants with a credit score of at least 600 and up to 840 may be eligible for First Bank Personal Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
First Bank Personal Loan does not have or does not disclose a minimum annual income eligibility requirement. First Bank Personal 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 First Bank 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 Personal Loan. Permanent resident / green card holders are also eligible to apply.
To qualify, applicants may need to provide the following documentation:
- Proof of income
- Driver's license
- Government issued photo ID
- Proof of identity
|Bank Account Required?||No|
|Application Types Accepted||
|Credit Score||600 - 840|
Does First Bank Personal Loan report your account activity to credit bureaus?
Yes, First Bank Personal Loan reports your account activity to the following credit reporting agencies:
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.
11901 Olive Blvd
Creve Coeur, MO 63141
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Other Services by First Bank
|Employment Statuses Considered||
|Immigration Status Considered||
|Joint Loan Applications Accepted||
|Supported Income Types||
|Verification Documents Required||
|Credit Score Range||600 - 840|
|Credit Bureau Reporting||
|Pre-Approved Soft Credit Inquiry|