1st Franklin Financial only offers personal loans, as of 2015. Customers of 1st Franklin Financial use these loans for many reasons, including unexpected expenses, life events, home improvement, bills and vacations.Continue Reading
People who want a personal loan from 1st Franklin Financial can apply for the loan on the company website. Loan amounts start at $300 go up to $10,000, and the company has a liberal credit checking process, so even those with imperfect credit may qualify. The loans available from 1st Franklin Financial are fixed rate, short-term loans, which means the interest rate does not fluctuate over the life of the loan.
There is an online loan application to fill out for a 1st Franklin Financial loan, and customers need a social security number, address, phone number and employment information. If a co-signer is applying too, the same information is necessary for that person, too.
Though some loan applicants see approval almost immediately, others must wait a day or two for an employee of 1st Franklin Financial to review the loan. In most cases, a customer can contact a local branch to inquire about the status of a loan 24 hours after filling out the application. There are no charges to apply for a loan, and no obligation to accept the offer of a loan after filling out the application.Learn more about Banks