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  SEFCU Credit Union Line of Credit

SEFCU Credit Union Line of Credit

in Personal Lines of Credit from SEFCU

Unaffiliated

SEFCU Credit Union Line of Credit

Unaffiliated

in Personal Lines of Credit from SEFCU

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Highlights
Highlights
Loan Amount $500 - $30,000
APR  (Variable APR) Starting at 11%

SEFCU Credit Union Line of Credit Review

Where does SEFCU Credit Union Line of Credit do business?

SEFCU Credit Union Line of Credit is a credit union based in Albany, NY. that was founded in 1935. SEFCU Credit Union Line of Credit is offered in 1 state across the USA.

What are the APRs offered via SEFCU Credit Union Line of Credit?

SEFCU Credit Union Line of Credit offers personal lines of credit with variable APRs starting from 11% .

Does SEFCU Credit Union Line of Credit charge an origination fee?

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

Does SEFCU Credit Union Line of Credit charge a cash advance fee?

Yes, SEFCU Credit Union Line of Credit may charge a fee.

Does SEFCU Credit Union Line of Credit charge a late fee?

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

Does SEFCU Credit Union Line of Credit charge prepayment fees?

Yes, SEFCU Credit Union Line of Credit charges additional fees to borrowers who close their line of credit sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a line of credit.

How much can you borrow via SEFCU Credit Union Line of Credit?

Upon approval and based on your credit worthiness, your SEFCU Credit Union Line of Credit personal line of credit will be assigned a credit line of at least $500 and as much as $30,000. .

SEFCU Credit Union Line of Credit Fees
Cash Advance Fee N/A
Origination Fee N/A
Prepayment Fee? Yes
Late Payment Fee N/A

What do you need to qualify for a line of credit with SEFCU Credit Union Line of Credit?

Applicants with a credit score of at least 680 can apply for a line of credit via SEFCU Credit Union Line of Credit. The minimum age to apply for a line of credit is 18 or the state minimum, whichever is higher.

SEFCU Credit Union Line of Credit only considers borrowers who are employed, or have a regular source of income or benefits

Active duty servicemembers and their covered dependents are not considered covered borrowers. In other words, they are eligible to apply for a line of credit via SEFCU Credit Union 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 line of credit.

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

  • Driver's license
  • Proof of identity
  • Proof of income

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

SEFCU Credit Union Line of Credit reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.

How to apply for SEFCU Credit Union Line of Credit

  • Visit the SEFCU 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.
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Contact

  • Headquarters
  •   655 Patroon Creek Blvd
    Albany, NY 12206 USA
  •   Visit Site

About SEFCU Credit Union Line of Credit

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 1 state
New York
Availabile in all of New York

Feature Breakdown

Minimum Age 18
Credit Score Range 680 - 850
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Verification Documents Required
  • Proof of Identity
  • Proof of Income
  • Social Security Number
  • Driver License (or other photo ID)
Loan Amount $500 - $30K
APR (Variable APR) Starting at 11%

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