The Arvest Assist Personal Loan* provides an option to qualified borrowers within the Arvest footprint who may be experiencing cash-flow needs, temporary interruptions in income or similar circumstances due to the effects of COVID-19.
These loans feature a 120-day payment deferral and are meant to help as a bridge through this uncertain time. To apply, customers must call (877) 483-2940 Monday–Friday 8:00am–7:00pm CST.
Borrowers may receive up to $10,000, unsecured for five years, with a base rate of 5.75% APR and an available auto-debit discount of 0.25%. The lowest available rate is 5.50% APR and standard underwriting policies apply.
Arvest understands our customers may be dealing with hardship related to COVID-19 and we have established a number of programs to do what we can to help you in these unprecedented times. We also have a dedicated website that combines all of our key customer news and information in one place.
*Subject to credit approval. Arvest Assist personal loans are unsecured, consumer-purpose loans available to new and existing customers with a minimum 700 FICO score, who reside in Arkansas, Kansas, Missouri, or Oklahoma. Loans are limited to balances from $500 to $10,000. No payment due for first 120 days; however, interest accrues during this time. Your loan payment will be calculated based on your interest rate, initial loan amount and 60-month repayment period. For example, a $5,000 loan amount with a 5.75% annual percentage rate (APR) would require 60 monthly payments of $97.47. Auto-debit interest rate discount of 0.25% is available when payment is automatically deducted from an Arvest checking or savings account, and must be set up at time of loan. Offer ends on May 29, 2020. Offer subject to change. New loans only; refinances or renewals of Arvest loans do not qualify.