Loans
FB&T Personal Loan review
Getting a personal loan can be overwhelming, but FB&T is here to make it all much easier for you. Check out our full review and learn how you can get that extra cash you need to achieve your goals.
Advertisement
by Aline Barbosa
FB&T Personal Loan: Personalized solutions that fit your budget!
When looking for a personal loan, you’ll want to find a company you can trust. In this FB&T Personal Loan review, we’ll take a closer look at this institution.
FB&T Personal Loan application
Learn how the FB&T Personal Loan application process works and how you can get a loan that fits your financial needs perfectly.
FBT has over 88 years of personal banking experience in the state of Oklahoma and is one of its finest financial products.
The First Bank and Trust Company, a member of FDIC, offers a series of banking products tailored to your needs.
One of these products is their personal loan. Unlike most institutions, FB&T takes pride in creating a personal environment with their clients, so every product is tailored to their needs.
- APR: Not disclosed by the institution.
- Loan Purpose: Home improvement, debt consolidation, big purchases, and more.
- Loan Amount: Not disclosed by the institution.
- Credit Needed: You can apply with a score of 580 or more.
- Terms: Not disclosed.
- Origination fee: There is none.
- Late Fee: None.
- Early Payoff Penalty: Not disclosed by the institution.
The loan is available for Oklahoma residents with a fair credit score and allows applicants with a cosigner, which can help with the loan’s terms and rates.
If you want to learn more about this loan and how you can apply for it, keep reading our FB&T Personal Loan review below.
We’ll look over the loan’s main features so you can make a well-informed decision that will benefit your finances.
FB&T Personal Loan: how does it work?
The First Bank & Trust Company, member FDIC, was formed in Perry, Oklahoma, in 1934.
The company offers an array of financial solutions to their clients for over 88 years, including personal and business loans.
The institution does not disclose the loan amounts, as well as their annual percentage rates or terms on their website.
Instead, they offer a personalized in-person experience provided by a loan officer at a local branch to find the perfect solution for each applicant.
Loans are available for people with a FICO® Score of 580+ and it doesn’t charge origination or late payment fees.
FB&T reports all account activities to the main credit bureaus, which can help improve your credit score over time.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Significant benefits and disadvantages you may find
As with any financial product, there are pros and cons to taking a personal loan.
Check below to learn more about the advantages and disadvantages of our FB&T Personal Loan review.
Advertisement
Benefits
- Available for applicants with a fair score;
- Reports all payments to the three main credit bureaus;
- Personalized loans that fit your budget;
- Accepts cosigners;
- Member FDIC.
Disadvantages
- Only available for Oklahoma residents;
- Doesn’t display much information about the loan on its website.
Is a good credit score required for applicants?
You don’t need a high credit score in order to apply for this loan. FB&T accepts applicants with a fair score and beyond.
However, you should know that loan amounts, as well as terms and rates, usually reflect your current financial situation as well as your credit history.
Learn how to apply and get an FB&T Personal Loan
If this FB&T Personal Loan review got you interested in applying for the loan, we could help.
By following the link below, you’ll learn more about the eligibility requirements as well as the application process.
FB&T Personal Loan application
Learn how the FB&T Personal Loan application process works and how you can get a loan that fits your financial needs perfectly.
Aline Barbosa
Trending Topics
What is an NFT? Find out once and for all!
It's past time for you to learn what an NFT is, and this post will tell you all about it. Read this content to update yourself on this topic.
Keep Reading
Regulated crypto brokers in Canada
To be a successful investor in the crypto market, you need the best regulated crypto brokers in Canada. This article will show you 8 options.
Keep Reading
VentureOne Rewards Credit Card review
If you're looking for a travel rewards credit card with no annual fee, the VentureOne Rewards Credit Card is worth a closer look.
Keep ReadingYou may also like
African Bank Personal Loan application
The application process for the African Bank Personal Loan is quick, easy, and can get you the funds you need when you need them.
Keep Reading
How can you invest in Series I savings bonds?
Learn everything you need to know about Series I savings bonds, including what they are, how they work, and where to buy them.
Keep Reading
First Progress Platinum Prestige Mastercard® Secured Card application
Learn how to apply for the First Progress Platinum Prestige Mastercard® Secured Card and get your finances back on track!
Keep Reading