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Personal Loan
Routing number: 221571473
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Manage your products and services:
Personal loan to make your plans come true.
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Simplify debts
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Special occasion
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Make home repairs
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Pay taxes
Without collateral
From
5.99% APR
for up to 60 months¹
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Loans from $1,500 to $50,000
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Repayment terms from 12 to 84 months6
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Same-day credit decision and disbursement2
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Payment Protection Plan4
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Discounts available after opening a checking account and/or Direct Payment5
With collateral
Fixed interest
6.95% APR
fixed rate for terms of 12 to 72 months
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Required collateral. Use as collateral up to 90% of the amount available in your savings account or Certificate of Deposit up to $300,0003
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Personal loans from $1,500 to $300,000
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Same-day credit decision and disbursement2
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Payment Protection Plan4
CALCULATOR
Find your estimated monthly payment with our payment calculator.
Estimate your monthly payment
$
*Interest rate from 5.99% to 28.49%. The 5.99% rate only applies to loans over $25,000 with a term of up to 60 months and includes a 0.50% discount for opening a checking account and accepting Direct Payment. Application is subject to credit approval. Does not apply to collateral loans. The calculator is for illustrative purposes only and is not part of the application process.
For Collateral Loans, there is a fixed interest rate of 6.95%. No discounts apply. You must have up to 90% of the amount available in a savings account or Certificate of Deposit. The calculator is for illustrative purposes only and is not part of the application process. Application is subject to credit approval.
How much would the payment be?
| Example of monthly payments for personal loans at a maximum APR of 8.49% | $5,000 for 60 months |
|---|---|
|
Monthly payment
|
$102.56
|
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Finance charge
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$1,153.51
|
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Total to be paid at loan maturity
|
$6,153.51+
|
| Examples of monthly payments for personal loans at the maximum APR of 28.49% | $10,000 for 84 months |
|---|---|
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Monthly payment
|
$275.85
|
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Finance charge
|
$13,171.40
|
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Total to be paid at loan maturity
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$23,171.40+
|
+ Certain restrictions apply, other interest rate, terms and conditions may apply when calculating total payment amount.
HOW TO APPLY
Have the following information available before applying.
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Social Security
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Income information
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One (1) valid ID
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Driver's license
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Passport
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Military ID
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Government ID
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U.S. permanent resident card
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Social Security
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One (1) valid ID
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Driver's license
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Passport
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Military ID
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Goverment ID
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U.S. permanent resident card
Once you have the information, click here.
You can apply anywhere.
Contact Us
Online Application
Branch
INSURANCE
Payment Protection Plan⁴
Life
Disability
Involuntary Unemployment
FREQUENTLY ASKED QUESTIONS
Wages and/or Salaried
· The last two (2) pay stubs dated no more than 30 days
· One (1) primary photo ID
· A water, electricity, or telephone bill
Self-employed and/or professional services
· Last tax return or financial statement certified by a CPA
· Last three (3) bank statements
· One (1) primary photo ID
· A water, electricity, or telephone bill
Retired and/or Pensioned
· Pension Certificate
· One (1) primary photo ID
· A water, electricity, or telephone bill
For any other additional information regarding evidence of income, you should contact the branch directly or call 787.282.2800.
Yes, all you need to do is register with Digital Banking, and make a payment, or schedule auto pay. You can also check your account balances.
Get pre-qualified by completing the application online.
- Select the loan type: with collateral or without collateral
- Purpose of the loan: debt consolidation, home improvements, medical expenses, funeral expenses, educational expenses, taxes, vacation
- Amount of loan: from $1,500 up to $50,000
- Term of the loan: 12, 24, 60, 72 months
- Personal information
- Other
One of our employees will contact you or email you.
Yes. Completing an online application is safe and fast.
To complete an application, you need your personal information, Social Security Number, a valid ID, and income information.
Your income can be from your job, alimony, retirement, pension, commission, rental income, self-employment or professional services. You must have evidence of your income available.
The documents may vary depending on your type of income and the information the loan officer requires. If you need additional information, contact our representatives on 787-282-2800 or toll-free at 1-800-981-8000.
Your application information will be available online for 90 days.
You may receive a response the same day if your application is received during business hours before 1:00 pm.
Your credit is verified at the time you submit your application.
It takes approximately 10 minutes to complete a personal loan application.
You can calculate your estimated monthly loan payment using our payment calculator, click here.
You'll receive a letter at the address indicated on your application. If, in the future, the reasons change, we would be happy to consider your application again.
The APR is determined with the information included in your application and the credit score calculated by the credit reporting agency.
Blog
Certain restrictions apply. Subject to credit approval. The interest rate and APR are determined based on credit score and other terms established by FirstBank. Loans of up to $50,000. Offer only for residents of Puerto Rico. 1The 5.99% rate only applies to customers with a credit score of 800+ on loans over $25,000 with a term of up to 60 months and includes a 0.50% discount for opening a checking account and enrolling in Direct Payment from that account. Loan approval is not contingent upon opening a checking account. Example: a $30,000 loan at 5.99% APR for 60 months results in a monthly payment of $579.84. Valid through December 31, 2025. Offer applies only to Puerto Rico residents. Offer does not apply to collateral-backed loans. 2Same day decision applies to applications that have the complete information to be evaluated and that are received Monday to Friday from 8:30 am to 4:00 pm and Saturday from 8:30 am to 12:00 pm; same-day disbursement is subject to branch hours and the customer complying with the documents required by FirstBank. 3A maximum of up to 90% of the funds available in the savings account or certificate of deposit is granted; while the loan is active, the funds in the savings account or certificate of deposit will not be available for withdrawal. The term of the loan shall not exceed the term of the certificate until the loan has been repaid in full. 4Insurance products are not bank deposits, are not insured by the FDIC nor any federal government agency, are not guaranteed by First Bank, and may diminish in value. Acquiring this insurance is optional and not a condition for credit approval. Credit approval will not be conditioned to the purchase of an insurance or annuity from the Institution or one of its affiliates nor to your agreement to refrain, or our prohibition, from obtaining insurance products or annuities from non-affiliated institutions. We will not reject your selected insurance if it meets our requirements and standards regarding coverage, financial soundness, and insurer-provided services. For more information, call 787-282-1108. 5You can receive a discount of 0.50% APR of the approved interest by opening a new checking account with FirstBank and enrolling in the direct payment service with that account. If the applicant has an existing checking account and uses the direct payment service with it, they will receive a 0.25% APR discount on the approved interest. The loan approval is not conditioned to opening a checking account. 6Loan term will depend on the loan amount.