SuperMoney
  Members First Community Credit Union Personal Loans
Members First Community Credit Union Personal Loans
in Personal Loans from Members First Community Credit Union
Unaffiliated

Members First Community Credit Union Personal Loans

Unaffiliated
in Personal Loans from Members First Community Credit Union
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in Personal Loans.
PenFed Credit Union Personal Loans
PenFed Credit Union Personal Loans 32 reviews
Highlights
APR Starting at 7.99%
Loan Amount N/A
Loan Term (Months) Up to 60 months

Members First Community Credit Union Personal Loans Review

Members First Community Credit Union Personal Loans is offered by Members First Community 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
  • 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 interest rates does Members First Community Credit Union personal loans offer?

Members First Community Credit Union personal loans offers a personal loan product that starts at 7.99% APR.

What is the maximum loan term you can get with Members First Community Credit Union personal loans?

Members First Community Credit Union personal loans offers loans with terms of up to 60 months.

Members First Community Credit Union personal loans Interest Rates & Loan Terms
Personal Loan Amount N/A
Loan Term up to 60 months
APR Starting at 7.99%

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

Does Members First Community Credit Union personal loans charge an origination fee?

Members First Community Credit Union personal loans may charge a personal loan origination fee.

Does Members First Community Credit Union personal loans charge a late fee?

No, Members First Community Credit Union personal loans will not charge you a late fee if you miss one of the monthly payments.

Does Members First Community Credit Union personal loans charge prepayment fees?

No, Members First Community Credit Union personal loans 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 First Community Credit Union personal loans Fees
Origination Fee No
Prepayment Fee N/A
Late Payment Fee No

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.

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. APRs for the Members First Community Credit Union Personal Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

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

Members First Community Credit Union personal loans Eligibility Criteria
Minimum Age 18
Bank Account Required? No
Application Types Accepted
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:

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 personal loans a legit company?

Members First Community Credit Union personal loans 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.

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
Illinois
Availabile in all of Illinois

Feature Breakdown

Employment Statuses Considered
  • Other
  • 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
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
Verification Documents Required
  • Driver License (or other photo ID)
  • Recent Pay Stubs
  • Proof of Income
  • Proof of Identity
  • Government Issued Photo ID
  • Recent Bank Statements
  • Social Security Number
Credit Score Range 600 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Options Automatic Payments
APR Starting at 7.99%
Loan Term Up to 60 months

Be the first to rate

 

Would you recommend Members First Community 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)