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  Franklin Mint Federal Credit Union Personal Loans
Franklin Mint Federal Credit Union Personal Loans
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Franklin Mint Federal Credit Union Personal Loans

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in Personal Loans from Franklin Mint Federal Credit Union
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Highlights
APR  (Variable APR) 9.99% - 10.99%
(Verified 08/04/2023)
Loan Amount $100 - $20,000
Loan Term (Months) Up to 72 months

Franklin Mint Federal Credit Union Personal Loans Review

Franklin Mint Federal Credit Union Personal Loans is offered by franklin mint federal credit union, a credit union founded in 1970 and based in Chadds Ford, PA. franklin mint federal credit union 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 Franklin Mint Federal Credit Union Personal Loans early.
  • Super long loan terms. Franklin Mint Federal Credit Union Personal Loans offers loan terms of up to 72 months. Most personal loans have a maximum term of 60 months.

franklin mint federal credit union Pros & Cons

Pros Cons
  • Charges an origination fee.
  • Does not offer pre-approval with soft credit pull.
  • Franklin Mint Federal Credit Union Personal Loans does not report to credit bureaus.
  • Charges prepayment fees.
  • Charges a late fee

franklin mint federal credit union FAQ

What interest rates and personal loan terms does franklin mint federal credit union offer?

What interest rates does franklin mint federal credit union offer?

franklin mint federal credit union offers a variable APR personal loan product that ranges from 9.99% APR up to 10.99% APR.

How much can you borrow via franklin mint federal credit union?

Personal loan amounts start at $100and go up to $20,000

What is the maximum loan term you can get with franklin mint federal credit union?

franklin mint federal credit union offers loans with terms of up to 72 months.

franklin mint federal credit union Interest Rates & Loan Terms
Personal Loan Amount $100 - $20000
Loan Term up to 72 months
APR 9.99% - 10.99%

What fees does franklin mint federal credit union charge?

Does franklin mint federal credit union charge an origination fee?

franklin mint federal credit union may charge a personal loan origination fee.

Does franklin mint federal credit union charge a late fee?

No, franklin mint federal credit union will not charge you a late fee if you miss one of the monthly payments.

Does franklin mint federal credit union charge prepayment fees?

No, franklin mint federal credit union 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.

franklin mint federal credit union Fees
Origination Fee No
Prepayment Fee N/A
Late Payment Fee No

What do you need to qualify for Franklin Mint Federal Credit Union Personal Loans?

Franklin Mint Federal Credit Union Personal Loans does not require or does not disclose a credit score minimum.

Franklin Mint Federal Credit Union Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Franklin Mint Federal Credit Union 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 Franklin Mint Federal Credit Union 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 Franklin Mint Federal Credit Union Personal Loans.

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

  • Driver's license
  • Proof of identity
  • Proof of citizenship or residence permit
franklin mint federal credit union Eligibility Criteria
Minimum Age N/A
Bank Account Required? No
Application Types Accepted
  • Individual Applications
Credit Score N/A

Are Franklin Mint Federal Credit Union Personal Loans legit?

Franklin Mint Federal Credit Union was founded in 1970, it is a well-established company that has been in business for 53 years.

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

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 50 states and Washington, D.C.
  • 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
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Joint Loan Applications Accepted
  • Individual Applications
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
  • Cash
  • 1099 Misc. Income
  • Tax Returns
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Social Security Number
APR Type Variable APR
Loan Amount $100 - $20,000
APR (Variable APR) 9.99% - 10.99%
(Verified 08/04/2023)
Loan Term Up to 72 months

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