First Bank & Trust of Memphis Payday Loans Review

4.7 3 reviews

Organization owner?

501 W Main St, Memphis, TX 79245, USA

+1 (806) 259-3556

Saturday

Closed

Sunday

Closed

Monday

9AM–3PM

Tuesday

9AM–3PM

Wednesday

9AM–3PM

Thursday

9AM–3PM

Friday

9AM–3PM

What people think about First Bank & Trust of Memphis?

Below you read some of the opinions of our customers.

APR too high. People usually take loans because they’re having a bad time. These loans put you further into debt. Maybe they should lower their rates a little…

Dr. Lucy Hudson I

I took loans from First Bank & Trust of Memphis 2 times. Previously it was ok. Last time they said I was accepted. Said the money would be in my account within 7 hours. It’s been 2 days – no funds. They do not answer emails. Why???

Dr. Johnpaul Cruickshank

The online portal does not work so I can not apply for the loan…

Mr. Richie Pagac

Important

Above there is information about a definite company. Below you can see common characteristics of payday loans.

Payday Loans in Memphis, New York

A payday loan is a short-term, small loan ($100 - $1,000) that you repay once you receive your next paycheck, typically two to four weeks.

Online payday loans can be the easiest solution to your short-term financial problems in Memphis , New York because they are easily approved and easily repaid. Your APR will depend on your state regulations or on the payday lender's policy.

APR

25% small loan cap

Why people apply for payday loans?

70%

Car expenses

50%

Treatment

40%

Vacation

30%

Clothes

30%

Home improvement

Payday loans for bad credit

Bad credit rating can usually be an obstacle to getting a bank loan. A payday loan can help consumers who have low credit scores or have no credit score. But we advise you that as with any loan you should only consider applying for a payday loan if you are confident that you can afford payments as agreed in the contract.

To get approved for a cash advance, you have to meet the following requirements:

be 18 years old or older;
be a U.S. citizen or permanent resident;
be employed and have a steady income;
have a valid checking account in your name;
have an email address and phone number.

Rate Your Credit Score

Low

Low Rate

300

Lower than Average

579

No ability to get a loan
No ability to rent a room

Average

Average Rate

670

High Rate

739

80% of loan approval
Apply for all loan types

Perfect

Great Score

740

Perfect Score

799

95% of loan approval
Apply for all loans including mortgage

Rate your APR

Learn the annual percentage rate right now. Use this online calculator to specify the exact cost of your payday loan. It only takes a couple of seconds to become informative even before applying.