How long does it take from the time I submit my application to when I find out whether I am approved for a loan?

If you apply online, your application will be transferred to your local 1st Franklin Financial office where the loan decision will be made.  One of our friendly staff will contact you to discuss your options, and you could have the money you need as soon as tomorrow!  However, if you are submitting your application during non-business weekend hours, your application will not be viewed until the following business Monday.

Are there any charges for applying online?

No. There are no charges for beginning your application online for a 1st Franklin Financial loan, and you are under no obligation to accept the offer presented to you.

Can I call the branch before I am approved for a loan, or do I have to wait for them to call me first?

Once you apply online, you should receive a response that includes the contact information for the local branch that received your application. If you have questions, you may contact this branch directly at any time. However, it’s best to wait at least 24 hours to contact them to ensure that they have an opportunity to review your application.

Can I apply for a loan online?

You can begin the application process electronically by clicking the “Apply Online” button.  In order to provide the personal service you deserve, one of our helpful staff will contact you within 2 business days to discuss your application and answer any questions.  You will need to have the following information available to begin your application:

  • The Social Security Number of you and any co-applicant
  • Your address and phone number
  • Income information for you and any co-applicant

Final loan decisions are made at your local 1st Franklin Financial office and are based on a variety of factors, including your credit history, payment history and ability to make monthly payments.