Consumer Loans

First Midwest Bank offers four consumer loans: personal loans for planned or unexpected expenses, debt consolidation loans for simplifying high-interest debt, auto loans for buying or refinancing a vehicle, and recreational vehicle loans for boats, motorcycles, ATVs, and more.

A debt consolidation loan pays off multiple debts, like credit card balances, with one new loan. Instead of juggling several payments, you make one fixed monthly payment to First Midwest Bank, which can make your budget easier to manage.

Both give you a lump sum with a fixed rate and predictable payments. A personal loan covers a new expense, like a repair or a trip. A debt consolidation loan pays off existing debts so you can manage them as one payment.

Yes. First Midwest Bank offers fixed-rate auto loans for new and used cars, trucks, and SUVs, plus refinancing for your current auto loan. There are no prepayment penalties, so you can pay off your loan early.

Use the free loan calculator above to estimate your monthly payment based on loan amount, rate, and term. A First Midwest Bank loan officer can also walk through the numbers with you.

Requirements vary by loan type, but you’ll usually need personal identification, income and employment details, information about your current debts, and details about the vehicle, purchase, or expense you’re financing. Your loan officer will let you know exactly what to bring.