First Horizon Bank Personal Installment Loans

First Horizon Bank Personal Installment Loans Review

First Horizon Bank Personal Installment Loans is offered by First Horizon Bank, a bank founded in 1864 and based in Memphis, TN. First Tennessee personal loans are available in 6 states across the USA.

Key Takeaways

• Fee-based product. Unlike most personal loans, which typically charge a simple daily interest rate, First Horizon Bank Personal Installment Loans does not have a periodic interest rate. Instead, it charges a fixed-fee.
• 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 Horizon Bank Personal Installment Loans early.

First Tennessee personal loans Pros & Cons

Pros	Cons
	Charges an origination fee. Does not offer pre-approval with soft credit pull. Charges prepayment fees. Charges a late fee

First Tennessee personal loans FAQ

What interest rates and personal loan terms does First Tennessee personal loans offer?

First Tennessee personal loans has lower than average interest rates for lenders reviewed on SuperMoney.

What fees does First Tennessee personal loans charge?

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

First Horizon Bank Personal Installment Loans does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

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

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by First Horizon Bank Personal Installment Loans.

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

First Tennessee personal loans Eligibility Criteria

Minimum Age	18
Bank Account Required?	No
Credit Score	N/A

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

Yes, First Horizon Bank Personal Installment 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.

Are First Horizon Bank Personal Installment Loans legit?

First Horizon Bank was founded in 1864, it is a well-established company that has been in business for 159 years.

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