Members First Credit Union of Florida Personal Loans

Members First Credit Union of Florida Personal Loans Review

Members First Credit Union of Florida Personal Loans is offered by Members First Credit Union of Florida, a credit union founded in 1954 and based in Pensacola, FL. Members First Credit Union of Florida Personal Loans is available in 1 state across the USA.

Key Takeaways

• APRs starting at 7.95%. 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 Credit Union of Florida Personal Loans early.

Members First Credit Union of Florida 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 Credit Union of Florida personal loans FAQ

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

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

What fees does Members First Credit Union of Florida personal loans charge?

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

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

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

Members First Credit Union of Florida personal loans Eligibility Criteria

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

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

Yes, Members First Credit Union of Florida 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 Credit Union of Florida a legit company?

Members First Credit Union of Florida 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.