Loan Qualifications

QUALIFYING FOR A LOAN
Answers to your questions

Q: What if I don’t have credit?

A: We help people without credit every day. Just give your information to one of our team members and they will do everything they can to get your loan approved.

Q: Do I have to have a bank account?

A: No, we do not require a bank account. We are not a payday lender and our loans are less costly.

Q: Do you have to run a credit report?

A: Yes, we run every applicants credit. An applicant’s credit is only one of the many factors we take into effect when approving loans.

Q: How much money do I have to make to qualify for a loan?

A: There is not always an income level requirement. At First Metropolitan, we do not want to burden you with a payment you cannot afford to make.

Q: What if I have had credit problems in the past?

A: We consider ourselves experts in helping individuals with past credit issues. Our First Metropolitan team members will get to know your personal situation and do everything they can to re-establish your credit.

Q: My application was turned down. How do I find out the reasons for this decision?

A: If your application was turned down, you will receive a letter by mail explaining the reasons behind the decision.

Q: What kind of collateral do you require to secure my loan?

A: All of First Metropolitan direct loans are secured by household goods or an auto. If you are unsure if your collateral is sufficient, just give our local branch a call.

Learn About Credit Scores

How does a credit score work? How do I improve my score? Click on the image to find everything you need to know about credit scores in one place.

Fairness in Lending Policy

Fair and responsible lending is a First Metropolitan Financial Services value. It is our policy to treat you with professionalism, courtesy and fairness.