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  Members First Credit Union Prime Line of Credit
Members First Credit Union Prime Line of Credit
in Personal Lines of Credit from Members First Credit Union
Unaffiliated

Members First Credit Union Prime Line of Credit

Unaffiliated
in Personal Lines of Credit from Members First Credit Union
Not enough votes for recommendation

Not enough votes for recommendation

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Highlights
Loan Amount Up to $25,000
APR Starting at 8.25%

Members First Credit Union Prime Line of Credit Review

Members First Credit Union Prime Line of Credit is offered by Members First Credit Union, founded in 1936 and based in Midland, MI. Members First Credit Union Prime Line of Credit is available in 1 state across the USA.

Members First Credit Union Prime Line of Credit FAQ

What APRs does Members First Credit Union Prime Line of Credit offer?

Members First Credit Union Prime Line of Credit offers a product that starts at 8.25% APR.

Does Members First Credit Union Prime Line of Credit charge an origination fee?

Yes, they charge a line of credit origination fee.

Does the Members First Credit Union Prime Line of Credit charge a cash advance fee?

Yes, they may charge a fee.

Does the Members First Credit Union Prime Line of Credit charge a statement balance fee?

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

Does Members First Credit Union Prime Line of Credit charge a late fee?

Yes, they may charge borrowers a late payment fee.

Members First Credit Union Prime Line of Credit Fees
Cash Advance Fee N/A
Origination Fee No
Prepayment Fee? Yes
Late Payment Fee No
Statement Balance Fee No

What do you need to qualify for Members First Credit Union Prime Line of Credit?

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

Members First Credit Union Prime Line of Credit does not have or does not disclose a minimum annual income eligibility requirement.

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. APRs for the Members First Credit Union Prime Line of Credit product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

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

Does Members First Credit Union Prime Line of Credit report your account activity to credit bureaus?

Yes, Members First Credit Union Prime Line of Credit reports your account activity to the following credit reporting agencies:

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.

Is Members First Credit Union Prime Line of Credit a legit company?

Members First Credit Union Prime Line of Credit was founded in 1936, it is a well-established company that has been in business for 86 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

How to apply for Members First Credit Union Prime 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.
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Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

Other Services by Members First Credit Union

Availability

  Available in 1 state
Michigan
Availabile in all of Michigan

Feature Breakdown

Credit Score Range 600 - 850
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
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
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Options Automatic Payments
APR Starting at 8.25%
Loan Amount Up to $25,000

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