MEMBERS1st Community Credit Union Signature Loans

MEMBERS1st Community Credit Union Signature Loans Review

MEMBERS1st Community Credit Union Signature Loans is offered by MEMBERS1st Community Credit Union, a credit union founded in 1964 and based in Marshalltown, IA. MEMBERS1st Community Credit Union Signature Loans are available in 1 state across the USA.

Key Takeaways

• APRs starting at 11%. Personal loan interest rates typically range between 5% and 36%. The starting rates for MEMBERS1st Community Credit Union Signature Loans are on the higher end of the spectrum.
• 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 Signature Loans early.

MEMBERS1st Community Credit Union Signature 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.

MEMBERS1st Community Credit Union Signature Loans FAQ

What interest rates and personal loan terms does MEMBERS1st Community Credit Union Signature Loans offer?

MEMBERS1st Community Credit Union Signature Loans has higher than average interest rates for lenders reviewed on SuperMoney.

What fees does MEMBERS1st Community Credit Union Signature Loans charge?

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

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

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

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by MEMBERS1st Community Credit Union Signature Loans.

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 Signature Loans Eligibility Criteria

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

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

Yes, MEMBERS1st Community Credit Union Signature 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 MEMBERS1st Community Credit Union a legit company?

MEMBERS1st Community Credit Union was founded in 1964, it is a well-established company that has been in business for 59 years.

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