Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Scroll to top

Learn How to Get a Personal Loan in South Carolina

If you are wondering how to get a personal loan in South Carolina, your local First Bank can help. We offer personal loans with flexible terms and competitive rates, and all you have to do to apply is visit a First Bank branch near you.

If you have questions about where to get a personal loan in South Carolina, First Bank in South Carolina can help you explore your options to better understand which type of personal loan you may qualify for.

Personal Loan Offers – First Bank

When large expenses come up, you may not always have the funds to cover them. This is where a personal loan can help. Personal loans allow you to borrow money that can be used at your discretion, and can cover anything from traveling expenses, credit card consolidation, home improvement projects, and auto repairs.

It is important to note, however, that personal loans often have strict requirements and can be difficult to get (especially those with less than stellar credit).

First bank in South Carolina offers a variety of personal loan options, including a personal credit card with rewards. Click here to learn more about First Bank’s personal loans and credit.

How to Get a Personal Loan in South Carolina

Personal Loans: Secured vs. Unsecured

There are two types of personal loans: secured and unsecured.

With A secured personal loan, your bank will require some form of collateral. Collateral can include anything from a car, home, land, stocks or bonds, and personal savings accounts. In the event that the borrower stops making timely payments on their secured personal loan, the lender may seize the item that was put up for collateral.

Why get a secured personal loan?

In general, secured personal loans are easier to get than unsecured personal loans and have lower interest rates.

With an unsecured personal loan, you do not have to put up any collateral. However, banks are usually hesitant of giving unsecured loans to borrowers who have poor credit and the interest rates are usually much higher than that of a secured loan.

Why get an unsecured personal loan?

If you qualify and are granted an unsecured personal loan, you do not have to worry about something of value being taken away from you if you are unable to pay back your loan in a timely fashion.

There are currently six First Bank branches in South Carolina and each is happy to offer personal loans with competitive rates and flexible terms. Contact your nearest SC location today to learn more.

Loans subject to credit approval.





Trending Topics
Your Community Bank – Albemarle, NC When choosing a community bank to address all of your banking needs, it’s important to consider a bank that’s small enough to know you like a neighbor but large enough… Remodeling Loan – Albemarle, NC As the housing market begins to recover, so does the remodeling landscape. In fact, remodeling sales jumped 10% in 2013 and nearly half of remodelers surveyed expected similar growth in… Best Personal Loans – Florence, SC What makes for the best personal loan in Florence, SC? Interest rates and other terms aside, it all boils down to which personal loan is best for you. In Florence,… Rental Property Mortgage Rates – Florence, SC Owning a rental property is a popular way to build some equity, qualify for tax benefits and earn some easy cash. In Florence, SC, competitive rental property mortgage rates can… Checking Account Comparison – South Carolina With over 75 banks located in the state of South Carolina, checking account comparison can be overwhelming. If you live in South Carolina and are looking at opening a checking account,… Find the Best Small Business Loan Rates Near Me at First Bank Searching for some of the best rates and the most flexible terms for your small business doesn’t have to take forever. At First Bank, we believe you should spend more… High Interest Savings Accounts: Save More – First Bank Jacksonville, NC Thinking about saving for the future? Now is a great time to start. First Bank in Jacksonville, North Carolina has high interest savings account options for everyone, and we offer… Checking Account Offers – High Point NC High Point, North Carolina is home to over 100,000 people and is considered the “Home Furnishings Capital of the World.” In addition to High Point’s rich history of furniture manufacturing,… Small Personal Loans – Jacksonville, NC Finding small personal loans in Jacksonville, NC, can be beneficial when you need a little extra money. Whether it's for a planned or unexpected expense, a personal loan can help you… Personal Loan Rates – Salisbury NC If you are looking for some of the best personal loan rates in Salisbury, NC, come to First Bank for small bank service with big bank options. Salisbury, North Carolina…