Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Find Your Local Branch
Back
Scroll to top

Personal Loan Rates In Sanford, NC

Personal Finances 3 min read

Ready to talk to an expert?

Find A Location Get In Touch

If you live in Sanford, NC, and are looking for some of the best personal loan rates in the area, your local First Bank can help. We offer personal loans with flexible terms and highly competitive interest rates.

Personal Loans from First Bank in Sanford, NC

  • Personal Line of Credit. Gain instant borrowing power with First Bank’s personal credit line. When you need cash, all you have to do is write a check. Some candidates may need to provide qualified collateral in order to secure their credit line.
  • Credit card. Earn rewards when use your First Bank Platinum Credit Card.
  • HELOC. A Home Equity Line of Credit allows you to borrow against a low interest rate that may be tax deductible.
  • Auto loans. Fund the purchase of a new or used car with auto loans, offered at competitive rates.
  • Boat loans. Quickly get the funds you need to set off on your next adventure.

First Bank offers personal loan rates that are affordable and flexible. Visit one of our two Sanford, NC locations today and learn more about taking out a loan.

Personal Loan Rates In Sanford, NC

Tips for Paying Back a Personal Loan

Taking out a loan can be scary. What happens if you can’t pay it back? What if you lose the piece of collateral that you put up to secure the loan? Will you slip even further into debt?

There are plenty of great tips out there for paying back a loan. After you get some competitive personal loan rates, consider these strategies as documented by Huffington Post.

  1. Find extra money. Find a side job around Sanford, NC that requires you to work just a few hours per week and put 100% of that money toward your loan. It may not feel like much but it adds up over time. You could also find things around the house to sell online, at a flea market, or at a garage sale. Every little bit helps.
  2. Make biweekly payments. Instead of reaching into your pocket once a month to pay the loan, set aside money from each paycheck to go toward the loan. What’s the difference? There’s 52 weeks in a year, so you’ll receive 26 paychecks. This means you’ll be making one extra monthly payment over the course of a year.
  3. Round up your payments. If your monthly loan payment is $183, just make it an even $200. This simple way of paying more than you owe can shave months off the lifespan of a loan.

To learn more or to apply, visit your local First Bank branch in Sanford today.

Loans subject to credit approval.

Ready to talk to an expert?

Find A Location Get In Touch
Share:
First Bank’s Good To Know Logo
Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.
First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

How Much Savings Should I Have At Age 30? Do you know how much savings you should have at age 30? Unfortunately, there is no exact answer. Expert advice conflicts between encouraging 30-year-olds to save more and investing their already saved money into assets. However, if you’ve been saving the recommended 10-25% of your income in your 20s, then you’re already off to a great start! Estimated Amount of Savings by Age 30 How much savings you have, or should have, depends on your income. CNN Money provides the following estimates for people in their 30s to use as a guide to retirement savings. Income Estimated Savings Amount $40,000 $60,000 $65,000 $97,500 $90,000 $135,000 $115,000 $172,500 If these aren’t the numbers reflected in your savings account balance, don’t panic! This can easily be an over- or under-estimation for many, especially depending on when in your 20s you began saving. Focus on Investing Over Saving Rather than focusing on the number you should or should not have by the time you’re 30, you should instead focus on investing and paying off your debt. You have plenty of time to save up for that trip to Bermuda, but that shouldn’t be done while you’re carrying credit card debt. Money Under 30 recommends three financial goals that you should hit by the age of 30: Pay off consumer debt as soon as you can, including credit card debt and auto loans. Save an emergency fund of at least three months’ (or more!) worth of living expenses in case you are suddenly unemployed or have to foot a pricey car repair bill. Begin investing, as that adds to your net worth more than how much you’ve set aside in savings thus far. Consult with an investment advisor before making any investments. For more advice and guidance on savings, investing and retirement, contact your local First Bank* branch today. ——— Sources: Financial Samurai: http://www.financialsamurai.com/how-much-savings-should-i-have-accumulated-by-age/ CNN Money: http://money.cnn.com/gallery/retirement/2015/09/01/how-much-do-i-need-for-retirement/2.html Money Under 30: http://www.moneyunder30.com/how-much-money-saved-30 Investment and insurance products and services are offered through Osaic Institutions, Inc., Member FINRA/SIPC. Osaic Institutions and FB Wealth Management, a division of First Bank, are not affiliated. We do not provide tax advice. Consult your tax advisor. Investment and Insurance Products are: Not Guaranteed by the Bank Not FDIC Insured Not a Deposit Not Insured by Any Federal Government Agency May Lose Value including Loss of 2 min read
Table of different Thanksgiving food Give Thanks for These 5 Thanksgiving Savings Tips Thanksgiving is in just a few weeks, but it's not too early to start shopping for the best deals on food, decorations, and beverages. If you're hosting a house full of friends and family, you don't have to spend a fortune to enjoy the holiday. 2 min read
Pencil laying on 1040 tax form Staying Safe from Tax Scams We received the following very handy and timely article from the Multi-State Information Sharing and Analysis Center (MS-ISAC) in regards to staying safe during this season of numbers crunching and record keeping for taxes. As always, if you have any specific tax questions, be sure to consult a tax prep professional. Watch out for these scams Unfortunately, much of your personal information can be gathered from multiple locations online with almost no verification that the right person is receiving the information. Criminals know this and use the information to file a fake tax refund request! If a criminal files a tax return in your name before you do, they will file it with false information to get a large refund, forcing you to go through the arduous process of proving that you did not file the return and subsequently correcting the return. Once they have your personal information, criminals can continue to commit identity theft well beyond the tax season. Another favorite technique used by criminals during the tax season is sending phishing messages indicating that a new copy of your tax form(s) is available. These emails often impersonate state, local, tribal, and territorial government comptroller or IT departments. If you fill out or attempt to login into the phishing website, the criminals will be able to see your login name and password, which they can then use to try and compromise your other accounts. The more information they gather from you, the easier it is for them to use the information to file a fake tax return in your name. Lastly, tax fraudsters also impersonate the IRS and other tax officials to threaten taxpayers with penalties if they do not make an immediate payment. It is important to remember: The IRS will not initiate contact about payment with taxpayers by phone, email, text messages, or social media without sending an official letter in the mail first. The IRS will not call to demand immediate payment over the phone using a specific payment method such as a debit/credit card, a prepaid card, a gift card, or a wire transfer. The IRS will not threaten to immediately notify local police or other law-enforcement agencies to have you arrested for not paying. 4 min read
Couch and coffee table with vase on top 5 Reasons to Consider a Home Equity Line of Credit (HELOC) Your home is your most valuable asset and investment. A home equity line of credit can provide many benefits for those with good credit and a chunk of their mortgage paid off. 2 min read