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.

• 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.

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.

What rates and terms does Members 1st Credit Union Personal Loan offer?

Members 1st Credit Union Personal Loan has higher interest rates than the average for lenders reviewed on SuperMoney.

What fees does Members 1st Credit Union Personal Loan charge?

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 Credit Union 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.