Bison Federal Credit Union Share Secured Loan

Bison Federal Credit Union Share Secured Loan Review

Bison Federal Credit Union Share Secured Loan is offered by Bison Federal Credit Union, a credit union founded in 1951 and based in Shawnee, OK. Bison Federal Credit Union Share Secured Loan are available in 50 states (and Washington, DC).

Key Takeaways

• APRs starting at 2.300%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Bison Federal Credit Union Share Secured Loan are on the lower end of the spectrum.
• Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your Bison Federal Credit Union Share Secured Loan early.

Bison Federal Credit Union Share Secured Loan Pros & Cons

Pros	Cons
Low APRs available to qualified borrowers.	Charges an origination fee. Does not offer pre-approval with soft credit pull. Charges prepayment fees. Charges a late fee

Bison Federal Credit Union Share Secured Loan FAQ

What interest rates and personal loan terms does Bison Federal Credit Union Share Secured Loan offer?

Bison Federal Credit Union Share Secured Loan has lower than average interest rates for lenders reviewed on SuperMoney.

What fees does Bison Federal Credit Union Share Secured Loan charge?

What do you need to qualify for Bison Federal Credit Union Share Secured Loan?

Bison Federal Credit Union Share Secured Loan does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Bison Federal Credit Union Share Secured Loan does not have or does not disclose a minimum annual income eligibility requirement. Bison Federal Credit Union Share Secured Loan 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 Bison Federal Credit Union Share Secured Loan. Their rates fall within the limits of The Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Bison Federal Credit Union Share Secured Loan.

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

• Driver's license
• Government issued photo ID
• Proof of identity

Bison Federal Credit Union Share Secured Loan Eligibility Criteria

Minimum Age	18
Bank Account Required?	No
Application Types Accepted	Individual Applications
Credit Score	N/A

Does Bison Federal Credit Union Share Secured Loan report your account activity to credit bureaus?

Yes, Bison Federal Credit Union Share Secured Loan 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.

Are Bison Federal Credit Union Share Secured Loan legit?

Bison Federal Credit Union was founded in 1951, it is a well-established company that has been in business for 72 years.

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