First Choice, like other banks and credit unions, will need information from you at the time that you apply for a loan. This information includes previous credit information, current assets, and income information and more.
This information includes but is not limited to:
- Basic contact and personal information (name, address, phone, etc)
- Type of loan
- Terms (length) of the loan
- Desired loan amount
- Purpose of loan
- How often it will be repaid
- Employment information
- Current outstanding credit information
- References (usually your closest living relative)