You have questions?
We have answers.
A personal loan is an installment loan with a fixed interest rate that is repaid in equal monthly payments.
Personal loans with Citizens Financial Services are simple and straight forward. You apply for a loan and when you're approved, you receive the cash in one lump sum. You pay the money back in monthly installments over a specified time.
We have four easy ways that you can make your loan payments on time. (1) Call 318-324-0011 and pay by phone, (2) Pay online here on our website, (3) Pay inside our Monroe office on Roselawn Ave., or, (4) Mail your payment to our Monroe office before the payment is due.
The interest rate on your personal loan is determined by several factors: your monthly income, your job history, your debt-to-income ratio and your previous record for paying other loans back. The interest rate is personal to you.
Personal loan terms with Citizens Financial Services range anywhere from 12 to 36 months, depending upon the loan amount.
Yes, you can. There are no fees or penalties for paying off your loan early. In fact, the sooner you pay off your loan, the more you will save in interest.
Yes, you can. But make sure that you're not just swapping one loan payment for another loan payment. Think about moving high interest credit card debt into a personal loan from Citizens Financial Services instead. That could end up saving you money over the long term.
You may apply for a personal loan amount from $500 to $11,000. Our loan officers will review your application information and work with you to establish a loan repayment schedule that actually works with your job and cashflow situation.
Yes. You do need collateral to apply for a personal loan with Citizens Financial Services. The type of collateral you put up depends on the amount of the loan. Collateral can range anywhere from personal property such as TVs, laptops or auto titles for larger loans.
Immediately! Once your loan application is approved with Citizens Financial Services, we get your cash to you quickly in one lump sum. Since all of our loan decisions are made locally, we don't have any "red tape" or out of town layers to interfere with loan decisions.
The answer is yes, but you still have to meet the other loan qualifications. We still need your job history and your income verification on your loan application.