How Personal Installment Loans Work

How Personal Loans WorkWoman sitting in the driver's seat of a car holding a key fob
Are you in need of some extra cash to pay off bills, renovate your home, consolidate debt, or buy a new automobile? Or perhaps you are looking to increase your credit score so you may qualify for a big purchase, such as a new home, in the future. If so, personal installment loans from Blackhawk Bank may be the solution you are seeking. Read on to learn more about what we can offer to assist you with your financial needs.

Installment Loans

Personal installment loans are a safe and secure way to obtain additional capital when you need it. After you submit an application, a banking professional will review and assess your financial information. Upon approval of your application, terms will be set for repayment, including the interest rate and determining the duration of the loan.

Our loan application process is fast and straightforward and gives you a decision in a timely fashion. Within one business day after submission, from Monday to Friday, one of our professional Personal Bankers will contact you. Together, you will discuss and complete the remainder of the loan process, including determining what will constitute affordable monthly payments for you.

Each loan is individually tailored to your specific situation and needs. With our competitive interest rates, your loan payments won’t break the bank. We also offer advice to help you properly manage your overall debt load. To get your personal installment loan started, apply here today.

If you also have a Blackhawk Bank Checking Account, you may qualify for an additional interest rate reduction upon approval of an installment loan. This discount may be further increased should you choose to use auto-pay from your Blackhawk Bank Checking Account.

Credit Cards

When you choose to open a personal or business credit card with Blackhawk Bank, issued by TCM, N.A., you receive many benefits, including:*

  • No annual fee on any of our credit cards.
  • Special introductory APR for both new purchases and balance transfers.
  • Excellent customer service, with 24/7 access to our representatives.
  • Chip card security for safer transactions and peace of mind.
  • Travel Accident Insurance for your protection.

A benefit of selecting one of our credit cards is that you will receive free online account access, making it easy and efficient to manage your account. Learn more today about the excellent credit card options available from Blackhawk Bank.

Develop Great Credit

A good credit score demonstrates that you are a good credit risk to investors. In other words, this means that there is a strong indication that you will repay on time the money that the bank has loaned you. Having good credit is important because it:

  • Allows you to borrow significant amounts of money for major purchases such as a house or automobile.
  • Enables you to qualify for home improvement loans for necessary repairs or renovations.
  • Proves to prospective employers conducting credit checks that you are a responsible applicant.
  • Helps you obtain a small business loan should you choose to start your own business.
  • Qualifies you for lower interest rates on your loans, thus providing you with substantial savings over the life of the loan.

If you are looking to increase your credit score, contact Blackhawk Bank today. Our professionals can review your financial history and provide credit counseling. By working with us, you can soon be on your way to establishing good credit.

Best Fitting Customers

At Blackhawk Bank, we pride ourselves on being a local institution that provides excellent customer care. We take pleasure in treating our clients with personalized service, professionalism, and respect. Our goal is to establish relationships with customers, making them customers for life.

In addition, our clients benefit from the use of our cutting-edge technology. Advanced tools like mobile banking options, bank-to-bank transfers, e-statements and notifications, and Android, iPhone, and iPad apps make your financial dealings more efficient. Our sophisticated security measures mean that you can conduct your banking needs with confidence. To learn more about the best way to protect your financial accounts, read how we keep you safe.

When you take out personal installment loans or credit cards with Blackhawk Bank, you will reap the benefits of our expertise to help you achieve your financial goals. If you are ready to begin or further a relationship with Blackhawk Bank for your banking needs, please contact us today so we can match you with one of our professionals.

*See the Important Disclosures on the online card application for current terms, rates and fees. Credit cards are subject to credit approval. Cards are issued by TCM Bank, N.A


Mathew Reynolds
VP Retail Banking

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