Personal credit is nothing more than a certain amount of money, granted by a bank or financial institution, which has as its greatest differential the freedom to use it.
In exchange for this service, the institution charges monthly interest, which varies according to the negotiation signed in contract and the company's policy.
Positive Points | Negative Points |
---|---|
It is one of the most sought after in the country, for having the release of high values | It is necessary to present annual income or any other that may be considered |
It is the personal credit with the best recommendations in the market | Have a minimum of two years at your current address; if not, your previous address is required |
Other details can interfere in this value, such as the client's credit analysis and the amount borrowed. All this may generate an adjustment in the rate as a way to avoid the probability of default.
In this time of lean economy, many people have resorted to loans to make ends meet. To pay the rent, the car payment, or even the children's school fees.
If you fall into this category or think you might in the near future, it is important to know a few things, so that you don't make the mistakes that many people who borrow money make and end up making their lives even more difficult.
Research is necessary. The loan must work as a lifeline in the troubled sea of debts and not as a ball of iron that sinks even more those who are drowning.
The credit lines that are easiest to access, because they are pre-approved and automatically available, are also the most expensive. We are talking here about overdraft and credit cards. They concentrate the highest rates in the market.
In a personal loan, the institution lends the money to an individual in possession of identity documents valid in the country.
As it is not necessary to communicate the use of this amount, it is enough to negotiate the contractual obligations, such as the number of installments and interest rates.
If everything is correct, the approval will be very fast and it will be possible to receive the amount on the same day.
Benefits | |
---|---|
Security
|
Security system in place to prevent scamming |
Approval
|
Fast approval via the institution's website |
Payment terms
|
Longer payment terms |
Ease of ordering
|
Has one of the easiest loan applications on the market |
So get to know a little more about the First Horizon Personal Loan, one of the most sought after in the country.
Request online and in person
You can apply for a First Horizon Personal Loan online on the institution's website or in person at one of the institution's branches.
In either process the release of the money is done in a few hours, making it easier for those who need money quickly and safely. So, click on the button below and request yours.
I Want My LoanDeadlines
The deadlines for repayment of the First Horizon Personal Loan vary from 12 to 60 months, so the applicant has a wide deadline to pay off the amount requested.
Credit history
It is not necessary to have a good credit history to be able to apply for a First Horizon Personal Loan.
This makes it easier for those who need the loan to pay off a debt with higher rates. So, click on the button below and apply for your loan.
I Want My Loan