CSE Credit Union Share Secured Loan

CSE Credit Union Share Secured Loan Review

CSE Credit Union Share Secured Loan is offered by Connecticut State Employees Credit Union, a credit union founded in and based in Hartford, CT. CSE Credit Union Share Secured Loan are available in 50 states (and Washington, DC).

Key Takeaways

• APRs starting at 4.79%. Personal loan interest rates typically range between 5% and 36%. The starting rates for CSE 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 CSE Credit Union Share Secured Loan early.
• Coborrower applications accepted. Applying for CSE Credit Union Share Secured Loan with a coborrower who has better credit than you could improve your chances of approval and may help you qualify for lower interest rates.

CSE Credit Union Share Secured Loan Pros & Cons

Pros	Cons
Low APRs available to qualified borrowers. Accepts coborrowers.	Charges an origination fee. Short loan terms (maximum of 6 months). Does not offer pre-approval with soft credit pull. Charges prepayment fees. Charges a late fee

CSE Credit Union Share Secured Loan FAQ

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

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

What fees does CSE Credit Union Share Secured Loan charge?

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

CSE 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.

CSE Credit Union Share Secured Loan does not have or does not disclose a minimum annual income eligibility requirement. CSE Credit Union Share Secured Loan only considers borrowers who are employed. Note that borrowers can add 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 CSE 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 CSE 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
• Proof of citizenship or residence permit

CSE Credit Union Share Secured Loan Eligibility Criteria

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

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

Yes, CSE 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.

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