SuperMoney
  Members 1st Credit Union Personal Loan

Members 1st Credit Union Personal Loan

in Personal Loans from Members 1st Credit Union

Unaffiliated

Members 1st Credit Union Personal Loan

Unaffiliated

in Personal Loans from Members 1st Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Members 1st Credit Union Personal Loan to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
APR  (Fixed APR) Starting at 10.49%
Loan Amount N/A
Loan Term (Months) 12 - 36 months

Members 1st Credit Union Personal Loan Review

Members 1st Credit Union Personal Loan is offered by Members 1st Credit Union, a credit union founded in 1936 and based in Redding, CA. Members 1st Credit Union Personal Loan is available in 1 state across the USA.

Key Takeaways
  • APRs starting at 10.49%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Members 1st Credit Union Personal Loan are on the higher end of the spectrum.
  • Hard credit pull required. You can't check your rates or see if you prequalify for Members 1st Credit Union Personal Loan without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
Members 1st personal loan Pros & Cons
Pros Cons
  • $0 prepayment fee.
  • Considers applicants with fair credit.
  • Charges an origination fee.
  • Do not offer pre-approval with soft credit pull.
  • Charges a late fee.
Members 1st personal loan FAQ

What interest rates and personal loan terms does Members 1st personal loan offer?

Members 1st personal loan has higher than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Members 1st personal loan offer?

Members 1st personal loan offers a fixed APR personal loan product that starts at 10.49% APR.

What is the maximum loan term you can get with Members 1st personal loan?

Members 1st personal loan offers loans with terms of up to 36 months.

Members 1st personal loan Interest Rates & Loan Terms
Personal Loan Amount N/A
Loan Term 12 - 36 months
APR Starting at 10.49%

What fees does Members 1st personal loan charge?

Does Members 1st personal loan charge an origination fee?

Members 1st personal loan may charge a personal loan origination fee.

Does Members 1st personal loan charge a late fee?

Yes, Members 1st personal loan may charge borrowers a late payment fee if you miss one of the monthly payments.

Does Members 1st personal loan charge prepayment fees?

No, Members 1st personal loan 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.

Members 1st personal loan Fees
Origination Fee No
Prepayment Fee No
Late Payment Fee No

What do you need to qualify for Members 1st Credit Union Personal Loan?

Applicants with a credit score of at least 600 and up to 850 may be eligible for Members 1st Credit Union Personal Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Members 1st Credit Union Personal Loan does not have or does not disclose a minimum annual income eligibility requirement. Members 1st Credit Union Personal 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 Members 1st Credit Union Personal Loan. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Members 1st Credit Union Personal Loan. Permanent resident / green card holders are also eligible to apply.

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

  • Recent pay stubs
  • Proof of income
  • Driver's license
  • Government issued photo ID
  • Proof of identity
Members 1st personal loan Eligibility Criteria
Minimum Age 18
Bank Account Required? No
Application Types Accepted
  • Individual Applications
  • Credit Score 600 - 850

    Does Members 1st Credit Union Personal Loan report your account activity to credit bureaus?

    Yes, Members 1st Credit Union Personal 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.

    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 1 state
    California
    Availabile in all of California

    Feature Breakdown

    No Prepayment Fee
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    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
    Minimum Age 18
    Supported Income Types
    • Direct Deposit (W2, SSA, SSDI)
    • Cash
    • Payroll Check or Prepaid Card
    • 1099 Misc. Income
    Verification Documents Required
    • Recent Pay Stubs
    • Proof of Income
    • Proof of Identity
    • Government Issued Photo ID
    • Social Security Number
    • Driver License (or other photo ID)
    Credit Score Range 600 - 850
    Credit Bureau Reporting
    • Experian
    • Equifax
    • TransUnion
    Payment Options Automatic Payments
    APR (Fixed APR) Starting at 10.49%
    Loan Term 12 - 36 months

    Be the first to rate

     

    Would you recommend Members 1st Credit Union Personal Loan to your friends?

    Before we publish your vote:

    Please explain your vote by sharing your experience.

    Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

    Please write a review to submit your vote
    (will require moderator approval)

    Other Personal Loans