How to apply for Fulton Bank Personal Loan
Get in touch with the steps to a successful loan application with Fulton Bank and the bank’s eligibility requirements for this $35,000 loan.
As you can see, Fulton Bank is a great choice for personal loans, especially if you are looking to cover a higher expense.
With loan amounts ranging from $2,500 to $35,000 and repayment terms up to five years, Fulton Bank has a competitive loan that can fit your budget.
Below, you can check out all the requirements and procedures you need to follow before submitting an application for a Fulton Bank personal loan.
Requirements for Application
If you’re interested in obtaining a personal loan from Fulton Bank, it’s essential to understand the application process and the bank’s eligibility requirements.
First of all, Fulton Bank requires a minimum credit score of 680 in order to approve a loan request.
Secondly, the bank requires reliable and steady source of income to demonstrate your ability to repay the loan.
Thirdly, Fulton Bank will also assess your debt-to-income ratio, which compares your total debt obligations to your income. A lower debt-to-income ratio indicates a better capacity to repay the loan.
Other requirements include:
- have at least 18 years
- be a U.S. citizen or a permanent resident
- Have a valid Social Security number.
How do I apply?
You can apply for a Great Southern Bank personal loan on the bank’s website by following these simple steps:
- Visit the Fulton Bank website.
- Navigate to the Personal Loans page.
- Click on the “Loans” tab on the top menu.
- Select “Personal Loans” from the drop-down menu.
- Choose the type of loan.
- Click on “Apply Now.”
- Provide your personal information
- Provide your financial information
- Choose your loan terms.
- Review and submit your application.
Now you just have to wait for a decision while the bank reviews your application. If you are approved, you will receive the loan funds within a few days.
Looking for another personal loan option? Then check out Great Southern Bank.
Currently, Great Southern Bank offers two main personal funding options: the personal line of credit and the unsecured loan.
Both options are designed to cover day-to-day or small and medium expenses, such as home and car repairs, medical bills, unforeseen payments, or even budget relief.
Unsecured Loan vs. Preferred Lines of Credit
For those who need more time to repay their debt, the bank provides an unsecured loan of up to $4,000, which can be repaid over a period of up to 36 months.
Being used to cover any kind of expense, this unsecured loan has an interest rate of 14.00% APR on average.
The Preferred Lines of Credit are another unsecured credit line available for any expense, but with a higher average interest rate of 14.74% APR.
With a predetermined amount for each customer, the line of credit can range from $4,000 to $10,000 and can be easily accessed online, through checks, or by visiting a banking center.
It is indicated and more suitable for customers who can pay off their debt within a shorter period of time.
Why go with Great Southern Bank?
Great Southern Bank personal loans offer several benefits, such as the option for co-borrowers to share payment responsibilities, same-day decisions, and funding through online applications.
Among its various advantages, customers who opt for a personal loan with Great Southern Bank will also benefit from:
- No origination fees;
- No monthly fees;
- No penalties for early repayment;
- Rate discounts for automatic payments.
Lastly, the bank also provides debt cancellation coverage for qualified borrowers who will not have to pay their outstanding debt if they face difficulties in making loan payments due to accidents, loss of health, or income.
How to Apply?
The application for a Great Southern Bank personal loan is easy and straightforward. Tap the green button below and check out all the requirements and steps you need to comply with.