SuperMoney
  MembersFirst Credit Union Vehicle Loans

MembersFirst Credit Union Vehicle Loans

in Auto Loans from MembersFirst Credit Union

Unaffiliated

MembersFirst Credit Union Vehicle Loans

Unaffiliated

in Auto Loans from MembersFirst Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend MembersFirst Credit Union Vehicle Loans to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Credit Score Range 600 - 850
Loan Amount N/A
APR  (Fixed APR) Starting at 2.35%
Loan Term (Months) 36 - 84 months

MembersFirst Credit Union Vehicle Loans Review

MembersFirst Credit Union Vehicle Loans is offered by MembersFirst Credit Union, a credit union founded in 1953 and based in Decatur, GA. MembersFirst Credit Union Vehicle Loans is available in 1 state across the USA.

MembersFirst Credit Union Vehicle Loans FAQ

What APR does MembersFirst Credit Union Vehicle Loans offer on its auto loans?

MembersFirst Credit Union Vehicle Loans offers a fixed APR auto loan product that ranges from 2.35% 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 MembersFirst Credit Union Vehicle Loans?

MembersFirst Credit Union Vehicle Loans has auto loans with terms ranging from 36 to 84 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 loan, the more interest you will pay.

Does MembersFirst Credit Union Vehicle Loans charge an origination fee?

Yes, MembersFirst Credit Union Vehicle Loans may charge a loan origination fee.

Does MembersFirst Credit Union Vehicle Loans charge a late fee?

Yes, MembersFirst Credit Union Vehicle Loans charges borrowers with a late payment penatly fee

Does MembersFirst Credit Union Vehicle Loans charge prepayment fees?

Yes, MembersFirst Credit Union 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 MembersFirst Credit Union Vehicle Loans loan?

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

What do you need to qualify for MembersFirst Credit Union Vehicle Loans?

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

MembersFirst Credit Union Vehicle Loans does not have or does not disclose a minimum annual income eligibility requirement. MembersFirst Credit Union 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 MembersFirst Credit Union 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 MembersFirst Credit Union 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 MembersFirst Credit Union Vehicle Loans report your account activity to credit bureaus?

Yes, MembersFirst Credit Union 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.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 1 state
Georgia
Availabile in all of Georgia

Feature Breakdown

Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Joint Loan Applications Accepted
  • Individual Applications
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
Vehicle Type
  • Auto
  • Motorcycles
  • Boats
  • RVs
Verification Documents Required
  • Recent Pay Stubs
  • Proof of Income
  • Proof of Identity
  • Government Issued Photo ID
  • Recent Bank Statements
  • Social Security Number
  • Driver License (or other photo ID)
Credit Score Range 600 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Options Automatic Payments
APR (Fixed APR) Starting at 2.35%
Loan Term 36 - 84 months

Be the first to rate

 

Would you recommend MembersFirst Credit Union Vehicle Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.