Forum Credit Union Personal Line of Credit Review

Forum Credit Union Personal Line of Credit is offered by Forum Credit Union, a credit union founded in 1941 and based in Fishers, IN. Forum Credit Union Personal Line of Credit is offered in 1 state across the USA.

What APRs does Forum Credit Union Personal Line of Credit offer?

Forum Credit Union Personal Line of Credit offers a variable APR product that ranges from 9% APR up to 21% 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 Forum Credit Union Personal Line of Credit charge an origination fee?

Yes, Forum Credit Union Personal Line of Credit charges a line of credit origination fee.

Does Forum Credit Union Personal Line of Credit charge a cash advance fee?

Yes, Forum Credit Union Personal Line of Credit may charge a fee.

Does Forum Credit Union Personal Line of Credit charge a late fee?

Yes, Forum Credit Union Personal Line of Credit may charge borrowers a late payment fee.

How much can you borrow via Forum Credit Union Personal Line of Credit?

Upon approval and based on your credit worthiness, your Forum Credit Union Personal Line of Credit personal line of credit will be assigned a credit line of at least $500 and as much as $25,000. .

Forum Credit Union Personal Line of Credit Fees

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

What do you need to qualify for Forum Credit Union Personal Line of Credit?

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

Forum Credit Union Personal Line of Credit does not have or does not disclose a minimum annual income eligibility requirement. Forum Credit Union Personal Line of Credit will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.

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 Forum Credit Union Personal Line of Credit. Their rates fall within the limits of The Military Lending Act.

Only U.S. citizens and permanent residents can apply for a loan.

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

• Applicants must have an active and valid checking account
• Recent pay stubs
• Proof of income
• Driver's license
• Proof of identity
• Proof of citizenship or residence permit
• Proof of residence

Does Forum Credit Union Personal Line of Credit report your account activity to credit bureaus?

Forum 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 can help improve your credit score.

How to apply for Forum Credit Union Personal Line of Credit

• Visit the Forum Credit Union website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.