You can get personalized and fixed interest rates on large amounts of money, as you can see on this FNB Personal Loan review. 

But, some points must be addressed before you proceed with an application.

Then, follow through with this article to learn more about this credit solution.

Certainly, a personal loan on those conditions may help you cover whatever you need. But you must be attentive to the costs associated with it. Then, take a look at how it works!

First National Bank, or FNB, offers a whole range of reliable financial products and services, as you probably already know.

One of those products is the personal loan.

Basically, FNB offers loans with personalized and fixed rates that start at only 16.5% for the long term (1 to 60 months) and a maximum of 5% in case of short term (1 to 6 months).

Also, the amounts are good enough to cover a large expense, whether planned or unplanned personal reasons.

Although fees cannot be accessed before the application, FNB doesn’t charge penalties in case you want to settle your loan earlier than predicted. 

Additionally, you will be covered with Credit Insurance, and every January, you will be released from paying the monthly installment if you keep your repayment in good standing.

Lastly, check out an example if you want to estimate a loan. Supposing you get an R30 000 loan to repay in up to 24 months at an annual rate of 18%, the estimated monthly repayment would be R1 796, including all fees.

As shown before in this FNB Personal Loan review, if you need to cover an unplanned or planned expense but don’t want to rely on expensive loans, FNB offers good deals with flexible repayment and affordable and fixed rates.

Moreover, you will be covered with Credit Insurance, and there is no penalty for early repayment.

A healthy credit score is always recommended if you want to apply for a personal loan. However, FNB doesn’t really disclose this information.

Probably, fair credit is considered. But, it is important to know that your credit might be affected in the application process.

If you need a large amount of money to cover an expense, then learn how to apply for an FNB Personal Loan and access competitive rates and flexible terms.