Connex CU Personal Loans
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| APR (Variable APR) |
7.74% - 18.00% (Verified 08/04/2023) |
| Loan Amount | Up to $20,000 |
| Loan Term (Months) | Up to 60 months |
Connex CU Personal Loans Review
Connex CU Personal Loans is offered by connex credit union, a credit union founded in 1940 and based in North Haven, CT. connex 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 Connex CU Personal Loans early.
connex personal loans Pros & Cons
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connex personal loans FAQ
What interest rates and personal loan terms does connex personal loans offer?
connex personal loans has lower than average interest rates for lenders reviewed on SuperMoney.
What interest rates does connex personal loans offer?
connex personal loans offers a variable APR personal loan product that ranges from 7.74% APR up to 18.00% APR.
What is the maximum loan term you can get with connex personal loans?
connex personal loans offers loans with terms of up to 60 months.
| Personal Loan Amount | up to $20000 |
| Loan Term | up to 60 months |
| APR | 7.74% - 18.00% |
What fees does connex personal loans charge?
Does connex personal loans charge an origination fee?
connex personal loans may charge a personal loan origination fee.
Does connex personal loans charge a late fee?
No, connex personal loans will not charge you a late fee if you miss one of the monthly payments.
Does connex personal loans charge prepayment fees?
No, connex personal loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | No |
| Prepayment Fee | N/A |
| Late Payment Fee | No |
What do you need to qualify for Connex CU Personal Loans?
Connex CU Personal Loans does not require or does not disclose a credit score minimum.Connex CU Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Connex CU Personal Loans 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 Connex CU 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 Connex CU Personal Loans.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Proof of identity
- Proof of citizenship or residence permit
| Minimum Age | N/A |
| Bank Account Required? | No |
| Application Types Accepted |
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| Credit Score | N/A |
Does Connex CU Personal Loans report your account activity to credit bureaus?
Yes, Connex CU 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 Connex CU Personal Loans legit?
Connex Credit Union was founded in 1940, it is a well-established company that has been in business for 83 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.
Contact
- Headquarters
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412 Washington Ave
North Haven, CT 06473 - (203) 603-5700
- Visit Site
- Email Support
Other Services by Connex Credit Union
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Washington, DC
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| Employment Statuses Considered |
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| Immigration Status Considered |
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| Joint Loan Applications Accepted |
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| Military Status |
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| Supported Income Types |
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| Verification Documents Required |
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