At Magna Bank, they understand that every financial need is unique. Located in the heart of Memphis, TN, they specialize in providing online loans that are as versatile as the needs of the community. Whether it’s unexpected expenses, urgent bills, or short-term financial goals, the company team is committed to offering personalized solutions.
Magna Bank Range of Loan Options Available to Memphis Residents
Magna Bank offers a variety of loan types to suit different financial situations:
- Payday Loans: Ideal for short-term cash needs, these loans are typically due on your next payday..
- Installment Loans: For those needing a larger amount, installment loans offer a longer repayment period with fixed monthly payments.
- Personal Loans: Flexible loans that can be used for a variety of purposes, with or without collateral.
- Title Loans: Use your vehicle title as collateral to secure a loan, ideal for larger amounts and longer repayment terms.
Why Choose Magna Bank for Your Online Loans?
Benefits of Choosing Magna Bank:
- Adaptable Loan Options: Loans crafted to fit your specific financial circumstances.
- Quick and Easy Process: Streamlined online application and fast funding.
- Transparent Terms: Clear, straightforward loan agreements, with no hidden fees.
- Dedicated Support: Our local team provides personalized assistance every step of the way.
How Magna Bank Loans Work
Simplified Loan Process: Getting an online loan in Memphis, TN with Magna Bank is straightforward:
- Online Application: Fill out an easy-to-use form from the comfort of your home.
- Flexible Loan Options: Choose the loan that best fits your needs.
- Fast Approval and Disbursement: Quick processing times and direct deposit of funds.
Eligibility and Application Requirements
Applying for a Loan: To be eligible for an online loan with Magna Bank, applicants should:
- Be at least 18 years old.
- Have a valid ID and proof of residency in Memphis, TN.
- Demonstrate a stable source of income.
- Own an active bank account.
Magna Bank Locations in Memphis, TN
Address: 6525 N Quail Hollow Rd Ste 513
Phone: (901) 259-5400
Service: Personal Loans
Work Time:
- Mon - Thu: 8:30 am - 5:00 pm
- Fri: 8:30 am - 6:00 pm
- Sat: 9:00 am - 12:00 pm
Headquartered in Memphis, Tenn., Magna Bank is a consumer-oriented bank focusing on deposit accounts and loan products targeted to meet the needs of individuals and families. Its product lines include checking, savings, money market accounts, certificates of deposit, online banking and IRAs as well as first and second mortgage loans for home purchases, construction and improvement. The bank is a federally-chartered savings bank whose primary purpose is to provide the Memphis and Nashville, Tenn., metropolitan markets with banking services traditionally associated with thrift institutions. The bank began operations as a federal savings bank on January 27, 1999.
Customized Financial Solutions
Tailoring to Your Needs: At Magna Bank, they recognize that no two financial situations are the same. Magna Bank loans are designed to provide flexibility, whether you need a small amount to tide you over or a larger sum for significant expenses.