1st Franklin Financial Review: Is It Reliable?

1st Franklin Financial has been providing quality financial solutions to local communities across the southeast for the past 75 years. With over 320 branches, 1st Franklin Financial is the go-to source for affordable loans and other financial services. The company offers customers the ability to visit its website, 1ffc.com, to learn more about its services and apply for a loan. They are a reliable and trusted resource for those looking for any financial help and assistance. 1st Franklin Financial is dedicated to helping customers achieve their financial goals and find solutions to their problems.

1st Franklin Financial Summary

When it comes to finding the right loan for you, it’s important to do your research and compare different lenders to make sure you get the best deal. 1st Franklin Financial has been gaining a lot of attention recently and is worth considering. They offer competitive rates, flexible repayment terms, and quick approval times. They also have knowledgeable staff to help guide you through the entire loan process. Before making your decision, it’s important to compare the rates and terms of 1st Franklin Financial with other lenders to ensure you get the best deal that meets your needs.

After carefully examining the details of their website and the associated documents, we noticed specific features of their services. These are the ones that caught our attention:

• The maximum APR varies by state, but it is 21.99%. 
• You can choose between repayment terms of 18, 24, 36, 48, and 60 months.
• 1st Franklin Financial offers loans up to $15,000 in total.
• For a limited period of time, premier loans are only available to current and former customers. 
• It is not possible to obtain a loan from 1st Franklin Financial if you need to finance education, vocational training, securities purchases, gambling, or illegal activities.

What Is 1st Franklin Financial?

1st Franklin Financial Corporation is an established financial services provider with decades of experience in the industry. Founded in 1941 and headquartered in Toccoa, GA, the company specializes in offering loans and financial assistance to those in need. Customers can reach 1st Franklin Financial Corporation by calling (706) 886-7571 for more complete information on the services they provide. With their commitment to great customer service and their long history of helping individuals and businesses with their financial needs, 1st Franklin Financial Corporation is a reliable choice for those looking for financial assistance.

1st Franklin Financial has a decent rating from the BBB, but not many customers have reviewed them and the reviews they do have are not very positive. This indicates customers are not satisfied with the bank of their service, suggesting the company should look into improving customer satisfaction.

Is First Franklin Financial A Good Fit For You?

1st Franklin Financial is a lender with 110 branches in 6 states (Georgia, Alabama, South Carolina, Mississippi, Louisiana, and Tennessee). Georgia has the most branches (highest number) and Tennessee has the least branch (21). This makes it easier for individuals/families living in these states to take out a personal loan at a local branch.

1st Franklin Financial is a great option for those families needing quick loan approval times, with some decisions possible as soon as the next day. Applications submitted over the weekend will be reviewed on Monday and responses sent shortly after.

How Does 1st Franklin Financial Qualification Work?

1ˢᵗ Franklin Financial makes it easy to apply for a loan with its simple online application process. All it takes is a few clicks of the “Apply Now” button and customers will be connected with a member of 1FF’s staff within two business days. During the first visit to a local office, customers can expect their credit history, payment history, and ability to make monthly payments to be taken into consideration when deciding whether to approve the loan. Furthermore, 1ˢᵗ Franklin Financial offers friendly customer service offer personal loans, making them the ideal choice for those who need to borrow responsibly. With a fast, straightforward application process, 1ˢᵗ Franklin Financial is the perfect choice for those in need of a loan.

Apply for a loan and a loan representative team will contact you with options. You may get the money as soon as the next day. Submit your application quickly for the fastest response.

1st Franklin Financial BBB Reviews

1st Franklin Financial has earned an A- rating from the Better Business Bureau, based on the average of 18 customer reviews and 63 complaints closed in the last three years. Customers have given the company a 1.5-star rating on the BBB website review, which suggests that there may have been some issues with customer service. However, the fact that the company has addressed customer complaints and provided satisfactory service has earned them an overall good rating from the BBB. 1st Franklin Financial is committed to providing excellent customer service and making sure its customers are satisfied with their services.

1st Franklin Financial FAQs

Can you tell me how much 1st Franklin Financial charges?

1st Franklin Financial provides personal loans with APRs of up to 21.99%. Loan terms of 18, 24, 36, 48, and 60 months are available, and fees and interest rates vary by state.

For example: For a loan of $3,650 with a 36-month repayment period, an interest rate of 19.81%, a $109.50 origination fee, and an APR of 21.99%, the borrower will make 36 monthly payments of $139.37.

Is there a penalty for prepayment?

Personal loans from 1st Franklin Financial come with no hidden fees – including no prepayment penalty for borrowers who want to pay off their loan before the end of the term. In addition, personal loans have fixed rates and payments, so you’ll always know what you’re expected to pay.

What is the impact of 1st Franklin Financial on your credit score?

It’s important to understand the process and how your credit score may be impacted before applying for a loan.
Most lenders will perform a soft credit check initially, which won’t affect your credit score. However, once you decide to proceed with the actual loan application, the lender will need to do something called a hard credit inquiry to get a full view of your credit history and offer you final rates. These hard inquiries will lower your credit score.

Is it possible to cancel 1st Franklin Financial?

Before taking out a personal loan, make sure you are confident in your decision. You will not be able to change or undo the transaction once the funds have been deposited into your account, so double-check the details beforehand to avoid any complications later on in life.

How Does 1st Franklin Financial Work? Is It A Scam?

1st Franklin Financial has been providing customers with dependable financial products for a number of years and has managed to earn an A- rating from the local branch of Better Business Bureau. However, it is not accredited by them and unfortunately, customers have given them a 1.5 out of 5-star rating based on negative reviews. It is important to compare interest rates and repayment terms from various lenders before taking out a loan, in order to find the best option that fits your needs. Doing your research ahead of time can help you make the best decision.