Members 1st Credit Union FIRST Auto Review

Members 1st Credit Union FIRST Auto is offered by Members 1st Credit Union, a credit union founded in 1936 and based in Redding, CA. Members 1st Credit Union FIRST Auto is available in 1 state across the USA.

What APR does Members 1st Credit Union FIRST Auto offer on its auto loans?

Members 1st Credit Union FIRST Auto offers a fixed APR auto loan product that ranges from 10.24% APR.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

What is the maximum loan term you can get with Members 1st Credit Union FIRST Auto?

Members 1st Credit Union FIRST Auto has auto loans with a maximum term of 72 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.

Does Members 1st Credit Union FIRST Auto charge an origination fee?

Yes, Members 1st Credit Union FIRST Auto may charge a loan origination fee.

Does Members 1st Credit Union FIRST Auto charge a late fee?

Yes, Members 1st Credit Union FIRST Auto charges borrowers with a late payment penatly fee

Does Members 1st Credit Union FIRST Auto charge prepayment fees?

No, Members 1st Credit Union FIRST Auto will not charge you a fee for paying your loan early. Whenever possible choose lenders like Members 1st Credit Union FIRST Auto that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my Members 1st Credit Union FIRST Auto loan?

Yes, you can. Members 1st Credit Union FIRST Auto does not charge a prepayment fee, so you can save money by paying your auto loan early.

What do you need to qualify for Members 1st Credit Union FIRST Auto?

Members 1st Credit Union FIRST Auto does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Members 1st Credit Union FIRST Auto does not have or does not disclose a minimum annual income eligibility requirement. Members 1st Credit Union FIRST Auto only considers borrowers who are employed.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Members 1st Credit Union FIRST Auto. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Members 1st Credit Union FIRST Auto. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Recent pay stubs
• Proof of income
• Driver's license
• Government issued photo ID
• Proof of identity
• Proof of residence

Does Members 1st Credit Union FIRST Auto report your account activity to credit bureaus?

Yes, Members 1st Credit Union FIRST Auto reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.