How to Get a Personal Loan – High Point, NC

With First Bank, getting a personal loan isn’t costly or complicated. It is just a matter of determining what kind of loan will work best for you, then following a few simple steps to apply for it. That’s our approach to everything: uncomplicated. First Bank can guide you through the steps of how to get a personal loan in High Point, NC.

It’s simple. You just need to ask questions, submit information to determine your eligibility, and, if approved, apply those funds where needed. If you don’t believe us, take a look at what Forbes had to say. In “5 Tips for Getting Your Bank Loan Approved,” the #1 tip is to ask questions.

Your Guide to Personal Loans

Before applying for a personal loan, there a few things you need to know. For example, the types of personal loans available to you.

There are typically two types of personal loans: secured and unsecured.

  1. Secured loans normally have lower interest rates, but they require collateral such as your house, car, or boat. If you don’t pay off your loan, you could lose the collateral you supplied.
  2. Unsecured loans do not require collateral and are often paid off in a shorter time limit than secured loans. First Bank offers two unique personal loan options, First Line and CreditLine.

First Line is a personal line of credit that lets you borrow money instantly. You can write a check and request cash when you need it. First Line can be either secured or unsecured.

CreditLine is an unsecured personal loan that protects you from overdraft fees. If your checking account does not have sufficient funds to cover a check, First Bank will automatically transfer the funds into your checking account. You can also borrow money up to your overdraft limit.

Step In the Right Direction

The steps for how to get a personal loan at First Bank in High Point, NC, are simple. All you have to do is call or visit First Bank (located at 1200 North Main Street) and fill out an application. If you have any questions before applying, we’ll be happy to answer those, as well.

Loans subject to credit approval.




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