First State Bank and Trust

You can use a personal loan to fund anything, from home renovation to a long vacation.  You can qualify for a low-rate personal loan if you’ve got a checking account in U.S. Bank. Moreover, you must live within 50 miles of a U.S. Bank branch. Before applying for the US bank personal loan, you must have an idea about the pros and cons of personal loans.  Pros of taking out a U.S. Bank personal loan  U.S. Bank offers several benefits to its customers who apply for personal loans. Some of the pros of taking out a personal loan with U.S. Bank. You don’t have to put collateral as personal loans are unsecured Loans are flexible and you can use them for any purpose The loan limit is up to $25,000 and can return between 1-5 years APRs start as low as 6.99%, as of August 2017 You can apply for a personal loan over the phone, online, or in person at a U.S. Bank branch. You can make your payments through any mode – online banking, phone banking, or in person I

Credit scores are an attempt to gauge the likelihood you will repay a loan. Credit score range from 300-850. The higher the score, the more likely you will repay. Credit score 650 and below 650 is considered as a bad credit score. People in this category are considered high risk and have to pay higher interest rates. Pros of a bad credit loan: Loans for Bad Credit are fast: Most loan applications are available online and only take a few hours to get a response. Some banks or lenders transfer money to your account within a day.      Many Lender Options: The number of lenders for business loans is increasing every year. With little research and patience, you can find a lender who can offer you a loan with an interest rate that you can afford. Repayment Term Length: The repayment term can extend from one to five years depending on your lender. Improve Your Credit Score: If you make your payment in one go, it will improve your credit score and make you a