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Personal loans are intended to help you with finances in the short-term, and they are a great solution if you need money right away.
Advantages and Features
Old National Bank (formerly First Midwest Bank) Personal Loans present an ideal solution for individuals seeking a personal loan, thanks to their attractive features:
- Low Interest Rates: These loans offer competitive interest rates, ensuring affordability and ease in meeting your financial objectives.
- Accessible Customer Service: Old National Bank prioritizes delivering exceptional customer experiences, with a focus on personalized service and offering highly competitive rates for personal loans.
- Co-Borrowers Allowed: One notable advantage is the option to have co-borrowers on the loan. This enables you and a partner to apply for a loan together. The lender will discuss the terms, including interest rates and the joint borrowing capacity.
- Extended Repayment Terms: A significant benefit is the availability of extended repayment terms, allowing you to make monthly payments over a period of up to 84 months. This flexibility provides the freedom to choose a shorter or longer repayment duration, based on your preferences and financial capabilities.
How to apply for Old National Bank Personal Loans?
Before you proceed with submitting an application form, ensure that you have the following essential documents at hand:
- Government-issued photo ID.
- Social Security Number (SSN) or Tax ID Number (TIN).
- Proof of residency in the USA.
- Proof that you are 18 years old or older.
- Verification of income, which can include paystubs or tax returns.
- Evidence of current employment.
Once you have gathered the required documents, visit Old National Bank Personal Loans’ website and complete the application form. It’s important to note that when the lender reviews your application, there may be a slight drop in your credit score.
After submission, Old National Bank will review your application and reach a decision, a process that may take 24 hours or more. If your application is approved, the funds will be deposited into your bank account, allowing you to access the loan amount as needed.
