|APR (Fixed APR)||N/A|
|Loan Term (Months)||N/A|
First Security Bank Personal Loans Review
First Security Bank Personal Loans is offered by First Security Bank, a bank founded in 1932 and based in Searcy, AR. First Security Bank Personal Loans is available in 1 state across the USA.
- 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 Security Bank Personal Loans early.
- Cosigner applications accepted. Applying for First Security Bank Personal Loans with a cosigner can improve your chances of approval and help you qualify for lower interest rates.
First Security Bank loans Pros & Cons
First Security Bank loans FAQ
What interest rates and personal loan terms does First Security Bank loans offer?
First Security Bank loans has lower than average interest rates for lenders reviewed on SuperMoney.
What interest rates does First Security Bank loans offer?
First Security Bank loans offers a fixed APR personal loan product but they do not disclose their interest rates.
|Personal Loan Amount||N/A|
What fees does First Security Bank loans charge?
Does First Security Bank loans charge an origination fee?
First Security Bank loans may charge a personal loan origination fee.
Does First Security Bank loans charge a late fee?
No, First Security Bank loans will not charge you a late fee if you miss one of the monthly payments.
Does First Security Bank loans charge prepayment fees?
No, First Security Bank loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
|Late Payment Fee||No|
What do you need to qualify for First Security Bank Personal Loans?Applicants with a credit score of at least 650 and up to 840 may be eligible for First Security Bank Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
First Security Bank Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. First Security Bank Personal Loans 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 Security Bank Personal Loans. Their rates fall within the limits of The Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by First Security Bank Personal Loans. 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||650 - 840|
Does First Security Bank Personal Loans report your account activity to credit bureaus?
Yes, First Security Bank Personal Loans 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.
Is First Security Bank a legit company?
First Security Bank was founded in 1932, it is a well-established company with approximately 1,000 employees that has been in business for 90 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.
Other Services by First Security Bank
|Employment Statuses Considered||
|Immigration Status Considered||
|Joint Loan Applications Accepted||
|Supported Income Types||
|Verification Documents Required||
|Credit Score Range||650 - 840|
|Credit Bureau Reporting||