First National Bank & Trust offers two types of unsecured personal loans, each with unique features and benefits designed to best suit your needs. The two loan types are our Term Loan and Single Pay Loan. While all loans offer competitive rates, same day approval and access to funds, please see the loan descriptions below for more information on each type.
- Term Loan is a loan for a set dollar amount payable over a defined term, or period of time. Different terms options available depending on the amount of the loan and normal underwriting guidelines.
- Single Pay Loan allows the borrower to repay the loan in one payment. A common use of a Single Pay Loan is for a customer who needs money now but plans to repay the loan in one lump sum, using future incoming funds from a tax refund, bonus or the receipt of funds from another source.