SuperMoney
  Members 1st Federal Credit Union Personal Loans

Members 1st Federal Credit Union Personal Loans

in Personal Loans from Members 1st Federal Credit Union

Unaffiliated

Members 1st Federal Credit Union Personal Loans

Unaffiliated

in Personal Loans from Members 1st Federal Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

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

Thanks for your vote!

You voted: May or may not recommend

Highlights
APR  (Fixed APR) Starting at 7.49%
Loan Amount N/A
Loan Term (Months) 12 - 180 months

Members 1st Federal Credit Union Personal Loans Review

Members 1st Federal Credit Union Personal Loans is offered by Members 1st Federal Credit Union, a credit union founded in 1972 and based in Mechanicsburg, PA. Members 1st Federal Credit Union Personal Loans is available in 1 state across the USA.

Key Takeaways
  • APRs starting at 7.49%. These are average starting rates for a personal loan. If you have good credit you may qualify for a loan with better rates.
  • Prequalified rate. You can check your prequalified rate at Members 1st Federal Credit Union with a soft pull that will not affect your credit score.
  • Super long loan terms. Members 1st Federal Credit Union Personal Loans offers loan terms of up to 180 months. Most personal loans have a maximum term of 60 months.
Members 1st personal loan Pros & Cons
Pros Cons
  • $0 prepayment fee.
  • Considers applicants with fair credit.
  • Charges an origination fee.
  • 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 lower 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 7.49% 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 180 months.

Members 1st personal loan Interest Rates & Loan Terms
Personal Loan Amount N/A
Loan Term 12 - 180 months
APR Starting at 7.49%

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 Federal Credit Union Personal Loans?

Applicants with a credit score of at least 600 and up to 840 may be eligible for Members 1st Federal Credit Union Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Members 1st Federal Credit Union Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Members 1st Federal Credit Union Personal Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.

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 Federal Credit Union Personal Loans. 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 Federal Credit Union Personal Loans. Permanent resident / green card holders are also eligible to apply.

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

  • Government issued photo ID
  • Proof of identity
  • Proof of residence
Members 1st personal loan Eligibility Criteria
Minimum Age 18
Bank Account Required? No
Credit Score 600 - 840

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

Yes, Members 1st Federal Credit Union 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.

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.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 8:00am - 5:00pm
  • Tuesday 8:00am - 5:00pm
  • Wednesday 8:00am - 5:00pm
  • Thursday 8:00am - 5:30pm
  • Friday 7:30am - 6:00pm
  • Saturday 8:30am - 2:00pm

Other Services by Members 1st Federal Credit Union

Availability

  Available in 1 state
Pennsylvania
Availabile in all of Pennsylvania

Feature Breakdown

No Prepayment Fee
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Minimum Age 18
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
  • Tax Returns
Verification Documents Required
  • Government Issued Photo ID
  • Proof of Identity
  • Proof of Residence
  • Social Security Number
Credit Score Range 600 - 840
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Payment Options
  • Automatic Payments
  • Bank Transfer
  • Cash
  • Check by mail
  • Storefront
Pre-Approved Soft Credit Inquiry
APR (Fixed APR) Starting at 7.49%
Loan Term 12 - 180 months

Be the first to rate

 

Would you recommend Members 1st Federal Credit Union Personal Loans 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