Find Personal Loans in North Carolina

Find personal loans in North Carolina. If you need a loan and don’t have any qualified collateral to put down, you’ll need an unsecured personal loan. In Wilmington, North Carolina, First Bank can offer loans to those in need who cannot provide items of value.

What is an Unsecured Personal Loan?

While a secured personal loan is backed by collateral such as a vehicle, property or stocks, an unsecured personal loan is issued based on the creditworthiness of the borrower alone. This is often determined by the five Cs of credit: character, capacity, capital, collateral, and conditions.

First Bank of North Carolina: Unsecured Personal Loans

First Bank has two types of unsecured personal loans that are offered with competitive rates and flexible terms.*

  • First Line is a credit line that puts money in your pocket simply by writing a check to yourself and can be used for personal or business use. While qualified collateral may be required for a First Line loan, it is possible in some cases to get an unsecured loan based on your credit history.
  • CreditLine is an overdraft protection program that works as an unsecured personal loan by paying the difference of a purchase greater than the amount of money in your account. This will allow you to complete the purchase, avoid overdraft fees, and pay back the difference. CreditLine can also be used to borrow money up to the amount of your overdraft limit.

A credit card can also work like an unsecured personal loan. First Bank offers a Platinum credit card, so you can make monthly purchases while earning rewards when you register your card. Visit First Bank’s loans page to learn more about our unsecured personal loan options in Wilmington, NC. First Bank has five branch locations in Wilmington, NC, with loan experts willing to work with your financial needs.

Loans subject to credit approval.