Members First Community Credit Union Personal Loans

Members First Community Credit Union Personal Loans Review

Members First Community Credit Union Personal Loans is offered by Members First Community Credit Union, a credit union founded in 1954 and based in Quincy, IL. Members First Community Credit Union Personal Loans is available in 1 state across the USA.

Key Takeaways

• APRs starting at 7.99%. These are average starting rates for a personal loan. If you have good credit you may qualify for a loan with 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 Members First Community Credit Union Personal Loans early.

Members First Community Credit Union personal loans Pros & Cons

Pros	Cons
Considers applicants with fair credit.	Charges an origination fee. Do not offer pre-approval with soft credit pull. Charges prepayment fees. Charges a late fee.

Members First Community Credit Union personal loans FAQ

What interest rates and personal loan terms does Members First Community Credit Union personal loans offer?

Members First Community Credit Union personal loans has lower than average interest rates for lenders reviewed on SuperMoney.

What fees does Members First Community Credit Union personal loans charge?

What do you need to qualify for Members First Community Credit Union Personal Loans?

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

Members First Community Credit Union Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Members First Community 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 Members First Community 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 First Community Credit Union Personal Loans. 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
• Recent bank statements
• Driver's license
• Government issued photo ID
• Proof of identity

Members First Community Credit Union personal loans Eligibility Criteria

Minimum Age	18
Bank Account Required?	No
Application Types Accepted	Individual Applications
Credit Score	600 - 850

Does Members First Community Credit Union Personal Loans report your account activity to credit bureaus?

Yes, Members First Community 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.

Is Members First Community Credit Union a legit company?

Members First Community Credit Union was founded in 1954, it is a well-established company that has been in business for 68 years.

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