First State Bank and Trust

What is a personal loan? Personal loans are loans in which you borrow a fixed amount of money from the lender and pay it back with interest in monthly installments over the life of the loan. The personal loan time period may vary from 12 to 84 months. Your account will be closed once you pay your loan in full. You can apply for a new loan if you need more money.  Types of personal loans- There are two types of personal loans: · Secured loans · Unsecured loans  Unsecured loans don’t need any collaterals. Your financial history is checked to approve your loan. Secured loans are backed by collateral, such as a savings account or any other asset. If you’re unable to pay your installments on time, your lender typically has the right to claim your asset as payment for the loan.  Interest rate and other fees  Interest rates: Interest rate may vary from 5-36%, depending on your credit history and your lender. In general, the less...

Here are some of the credit cards that were in demand in the year 2018. We've outlined these credit cards with their key features. Journey Student Rewards from Capital One Journey Student Rewards from Capital One offers cash back of 1% on all your purchases. If you pay on time, it can boost your cash back to 1.25% for that month No annual fee and no foreign transaction fees for this card Paying your first 5 monthly payments on time can improve your credit line $0 fraud liability if your card is ever lost or stolen You can pick the monthly due date as per your choice  OpenSky Secured Credit Visa Card  No credit history check is done  Credit line improves within 5 months of usage, if a card is used responsibly  Your refundable* deposit becomes your credit line limit on your Visa Card Minimum security deposit is $200 You can make your credit card payment by check, online, or at a local branch  No hidden charges It’s available at $...