Members First Credit Union Texas Vehicle Loans Review

Members First Credit Union Texas Vehicle Loans is offered by Members First Credit Union - Texas, a credit union founded in 1938 and based in Corpus Christi, TX. Members First Credit Union Texas Vehicle Loans is available in 1 state across the USA.

What APR does Members First Credit Union Texas Vehicle Loans offer on its car loans?

Members First Credit Union Texas Vehicle Loans offers a fixed APR car loan product that ranges from 2.29% APR up to 13.79% 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.

Does Members First Credit Union Texas Vehicle Loans charge an origination fee?

Yes, Members First Credit Union Texas Vehicle Loans may charge a loan origination fee.

Does Members First Credit Union Texas Vehicle Loans charge a late fee?

Yes, Members First Credit Union Texas Vehicle Loans charges borrowers with a late payment penatly fee

Does Members First Credit Union Texas Vehicle Loans charge prepayment fees?

Yes, Members First Credit Union Texas Vehicle 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 Texas Vehicle Loans loan?

Yes, you can. However, Members First Credit Union Texas Vehicle 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 Texas Vehicle Loans?

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

Members First Credit Union Texas Vehicle Loans does not have or does not disclose a minimum annual income eligibility requirement. Members First Credit Union Texas Vehicle 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 Texas Vehicle 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 Texas Vehicle 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
• Recent bank statements
• Driver's license
• Government issued photo ID
• Proof of identity

Does Members First Credit Union Texas Vehicle Loans report your account activity to credit bureaus?

Yes, Members First Credit Union Texas Vehicle 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.