Members First Credit Union Auto Loan

Members First Credit Union Auto Loan Review

Members First Credit Union Auto Loan is offered by Members First Credit Union, founded in 1936 and based in Midland, MI. Members First Credit Union Auto Loan is available in 1 state across the USA.

What APR does Members First Credit Union Car loan offer on its car loans?

Members First Credit Union Car loan offers a car loan product that ranges from 2.49% APR up to 6.94% 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 auto loan term you can get with Members First Credit Union Car loan?

Members First Credit Union Car loan has car loans with terms ranging from 36 to 108 months. Having the option of longer terms -- terms can range up to 144 months -- allows borrowers to take on larger auto 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 First Credit Union Car loan charge an origination fee?

Yes, Members First Credit Union Car loan may charge a loan origination fee.

Does Members First Credit Union Car loan charge a late fee?

Yes, Members First Credit Union Car loan charges borrowers with a late payment penatly fee

Does Members First Credit Union Car loan charge prepayment fees?

Yes, Members First Credit Union Car loan does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my Members First Credit Union Car loan loan?

Yes, you can. However, Members First Credit Union Car loan charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.

What do you need to qualify for Members First Credit Union Auto Loan?

Members First Credit Union Auto Loan does not have or does not disclose a minimum annual income eligibility requirement.

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. APRs for the Members First Credit Union Auto Loan product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

Does Members First Credit Union Auto Loan report your account activity to credit bureaus?

Yes, Members First Credit Union Auto Loan reports your account activity to the following credit reporting agencies:

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.

Is Members First Credit Union Car loan a legit company?

Members First Credit Union Car loan was founded in 1936, it is a well-established company that has been in business for 86 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.