First Tech Federal Credit Union Personal Line of Credit Review

First Tech Federal Credit Union Personal Line of Credit is offered by First Technology Federal Credit Union, a credit union founded in 2012 and based in Cupertino, CA. First Tech Federal Credit Union Personal Line of Credit is available in 4 states across the USA.

What APRs does First Tech Federal Credit Union Personal Line of Credit offer?

First Tech Federal Credit Union Personal Line of Credit offers a variable APR product that ranges from 13.24% APR up to 18% APR.

Does First Tech line of credit charge an origination fee?

No, they do not charge an origination fee.

An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.

Does the First Tech line of credit charge a cash advance fee?

Yes, they may charge a fee.

Does the First Tech Federal Credit Union Personal Line of Credit charge a statement balance fee?

No, this lender does not charge a statement balance fee.

Does First Tech Federal Credit Union Personal Line of Credit charge a late fee?

Yes, they may charge borrowers a late payment fee.

How much can you borrow via First Tech line of credit?

Upon approval and based on your credit score, your personal line of credit will be assigned a credit limit of at least $500 and as much as $10,000. .

First Tech Federal Credit Union Personal Line of Credit Fees

Cash Advance Fee	N/A
Origination Fee	No
Prepayment Fee?	No
Late Payment Fee	No
Statement Balance Fee	No

What do you need to qualify for First Tech Federal Credit Union Personal Line of Credit?

Applicants with a credit score of at least 680 and up to 850 may be eligible for First Tech Federal Credit Union Personal Line of Credit. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

First Tech Federal Credit Union Personal Line of Credit does not have or does not disclose a minimum annual income eligibility requirement. First Tech Federal Credit Union Personal Line of Credit 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 First Tech Federal Credit Union Personal Line of Credit. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by First Tech Federal Credit Union Personal Line of Credit. Permanent resident / green card holders are also eligible to apply.

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

• Proof of income
• Driver's license
• Government issued photo ID
• Proof of identity
• Proof of citizenship or residence permit

Does First Tech Federal Credit Union Personal Line of Credit report your account activity to credit bureaus?

Yes, First Tech Federal Credit Union Personal Line of Credit 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.

How to apply for First Tech line of credit

• Visit the website.
• Fill in the application form. You will typically need to provide general information such as your name, address, email address, Social Security Number, source of income and employment, and checking account information.
• Check the information is accurate and submit your application.