Why Get a Personal Loan From First Hawaiian Bank?
Many borrowers prefer traditional lenders like this as they’ll find a personalized loan service, with rates and terms tailored to their individual financial circumstances. First Hawaiian offers some respectable rates and terms and has a convenient online application process.
However, the lender does impose some strict eligibility criteria on its loans, and anyone wanting to borrow more than $5,000 will be subject to more detailed checks.
What Does First Hawaiian Bank Offer?
The bank offers an unsecured personal loan and a line of credit option. If you need money to cover an emergency situation, it’s recommended you opt for the line of credit, as this type of personal loan can usually be arranged more quickly than a traditional personal loan.
The bank is licensed to lend in Hawaii and the overseas territories of Guam and Saipan. Your credit score and income levels will also be important factors when determining your eligibility. Anyone wishing to borrow more than $5,000 will be subject to additional checks.
The provider doesn’t go into specific detail on what these minimum requirements might be, and we’d recommend calling customer service directly if you have any questions, or are worried about poor credit history.