Members First Credit Union of Florida Boat/Motorcycle/RV Loans Review

Members First Credit Union of Florida Boat/Motorcycle/RV Loans is offered by Members First Credit Union of Florida, a credit union founded in 1954 and based in Pensacola, FL. Members First Credit Union of Florida Boat/Motorcycle/RV Loans is available in 1 state across the USA.

What APR does Members First Credit Union of Florida Boat/Motorcycle/RV Loans offer on its car loans?

Members First Credit Union of Florida Boat/Motorcycle/RV Loans offers a fixed apr car loan product that ranges from 3.99% APR up to 17.99% 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 of Florida Boat/Motorcycle/RV Loans?

Members First Credit Union of Florida Boat/Motorcycle/RV Loans has car loans with terms ranging from 72 to 144 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 of Florida Boat/Motorcycle/RV Loans charge an origination fee?

Yes, Members First Credit Union of Florida Boat/Motorcycle/RV Loans may charge a loan origination fee.

Does Members First Credit Union of Florida Boat/Motorcycle/RV Loans charge a late fee?

Yes, Members First Credit Union of Florida Boat/Motorcycle/RV Loans charges borrowers with a late payment penatly fee of up to $10

Does Members First Credit Union of Florida Boat/Motorcycle/RV Loans charge prepayment fees?

Yes, Members First Credit Union of Florida Boat/Motorcycle/RV Loans 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 of Florida Boat/Motorcycle/RV Loans loan?

Yes, you can. However, Members First Credit Union of Florida Boat/Motorcycle/RV Loans 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 of Florida Boat/Motorcycle/RV Loans?

Applicants with a credit score of at least 600 and up to 850 may be eligible for Members First Credit Union of Florida Boat/Motorcycle/RV Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Members First Credit Union of Florida Boat/Motorcycle/RV Loans does not have or does not disclose a minimum annual income eligibility requirement. Members First Credit Union of Florida Boat/Motorcycle/RV Loans 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 First Credit Union of Florida Boat/Motorcycle/RV Loans. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Members First Credit Union of Florida Boat/Motorcycle/RV Loans. 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

Does Members First Credit Union of Florida Boat/Motorcycle/RV Loans report your account activity to credit bureaus?

Yes, Members First Credit Union of Florida Boat/Motorcycle/RV Loans 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.