MEMBERS1st Community Credit Union Certificate Secured Loans Review

MEMBERS1st Community Credit Union Certificate Secured Loans is offered by MEMBERS1st Community Credit Union, a credit union founded in 1964 and based in Marshalltown, IA. MEMBERS1st Community Credit Union Certificate Secured 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 MEMBERS1st Community Credit Union Certificate Secured 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 MEMBERS1st Community Credit Union Certificate Secured Loans early.

Pros	Cons
Low APRs available to qualified borrowers. 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.

What rates and terms does MEMBERS1st Community Credit Union Certificate Secured Loans offer?

MEMBERS1st Community Credit Union Certificate Secured Loans has lower interest rates than the average for lenders reviewed on SuperMoney.

What fees does MEMBERS1st Community Credit Union Certificate Secured Loans charge?

What do you need to qualify for MEMBERS1st Community Credit Union Certificate Secured Loans?

Applicants with a credit score of at least 600 and up to 850 may be eligible for MEMBERS1st Community Credit Union Certificate Secured Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

MEMBERS1st Community Credit Union Certificate Secured Loans does not have or does not disclose a minimum annual income eligibility requirement. MEMBERS1st Community Credit Union Certificate Secured 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 MEMBERS1st Community Credit Union Certificate Secured Loans. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by MEMBERS1st Community Credit Union Certificate Secured 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

MEMBERS1st Community Credit Union Certificate Secured Loans Eligibility Criteria

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

Does MEMBERS1st Community Credit Union Certificate Secured Loans report your account activity to credit bureaus?

Yes, MEMBERS1st Community Credit Union Certificate Secured 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.