Cascade FCU Personal Loans

Cascade FCU Personal Loans Review

Cascade FCU Personal Loans is offered by Cascade Federal Credit Union, a credit union founded in 1952 and based in Kent, WA. Cascade Federal CU Personal Loans are available in 50 states (and Washington, DC).

Key Takeaways

• Uses a variable APR. This is uncommon for personal loans. If interest rates rise in the future it could make the monthly payments more challenging. These are average interest rates for a personal loan. If you have good credit or a cosigner, you could probably find better rates.
• Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your Cascade FCU Personal Loans early.
• Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for Cascade FCU Personal Loans.
• Super long loan terms. Cascade FCU Personal Loans offers loan terms of up to 72 months. Most personal loans have a maximum term of 60 months.

Cascade Federal CU Personal Loans Pros & Cons

Pros	Cons
Accepts cosigners and coborrowers.	Charges an origination fee. Does not offer pre-approval with soft credit pull. Charges prepayment fees. Charges a late fee

Cascade Federal CU Personal Loans FAQ

What interest rates and personal loan terms does Cascade Federal CU Personal Loans offer?

What fees does Cascade Federal CU Personal Loans charge?

What do you need to qualify for Cascade FCU Personal Loans?

Cascade FCU Personal Loans 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.

Cascade FCU Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Cascade FCU Personal Loans only considers borrowers who are employed. Note that borrowers can add a cosigner or a co-borrower to either meet eligibility requirements or qualify for lower interest rates.

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 Cascade FCU Personal Loans. 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 Cascade FCU Personal Loans.

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

• Proof of income
• Driver's license
• Proof of identity
• Proof of citizenship or residence permit

Cascade Federal CU Personal Loans Eligibility Criteria

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

Does Cascade FCU Personal Loans report your account activity to credit bureaus?

Yes, Cascade FCU Personal Loans 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 Cascade FCU Personal Loans legit?

Cascade Federal Credit Union was founded in 1952, it is a well-established company that has been in business for 71 years.

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