Members First Credit Union Share Pledge Loans Review

Members First Credit Union Share Pledge Loans is offered by Members First Credit Union, a credit union founded in 1936 and based in Midland, MI. Members First Credit Union Share Pledge Loans is available in 1 state across the USA.

• Hard credit pull required. You can't check your rates or see if you prequalify for Members First Credit Union Share Pledge Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
• 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 Share Pledge Loans early.

Pros	Cons
Low APRs available to qualified borrowers.	Charges an origination fee. Do not offer pre-approval with soft credit pull. Charges prepayment fees. Charges a late fee.

What rates and terms does Members First Credit Union Share Pledge Loans offer?

Members First Credit Union Share Pledge Loans has lower interest rates than the average for lenders reviewed on SuperMoney.

What fees does Members First Credit Union Share Pledge Loans charge?

What do you need to qualify for Members First Credit Union Share Pledge Loans?

Members First Credit Union Share Pledge Loans does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Members First Credit Union Share Pledge Loans does not have or does not disclose a minimum annual income eligibility requirement. Members First Credit Union Share Pledge 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 Share Pledge 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 Share Pledge Loans. Permanent resident / green card holders are also eligible to apply.

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

• Proof of income
• Driver's license
• Government issued photo ID
• Proof of identity

Members First Credit Union Share Pledge Loans Eligibility Criteria

Minimum Age	18
Bank Account Required?	No
Application Types Accepted	Individual Applications
Credit Score	N/A

Does Members First Credit Union Share Pledge Loans report your account activity to credit bureaus?

Yes, Members First Credit Union Share Pledge 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.