SuperMoney
  MembersFirst Credit Union Signature Loans

MembersFirst Credit Union Signature Loans

in Personal Loans from MembersFirst Credit Union

Unaffiliated

MembersFirst Credit Union Signature Loans

Unaffiliated

in Personal Loans from MembersFirst Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend MembersFirst Credit Union Signature Loans to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
APR  (Fixed APR) Starting at 9.9%
Loan Amount N/A
Loan Term (Months) Up to 48 months

MembersFirst Credit Union Signature Loans Review

MembersFirst Credit Union Signature Loans is offered by MembersFirst Credit Union, a credit union founded in 1953 and based in Decatur, GA. MembersFirst Credit Union Signature Loans is available in 1 state across the USA.

Key Takeaways
  • APRs starting at 9.9%. These are average starting rates for a personal loan. If you have good credit you may qualify for a loan with better rates.
  • Hard credit pull required. You can't check your rates or see if you prequalify for MembersFirst Credit Union Signature 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 MembersFirst Credit Union Signature Loans early.
MembersFirst 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.
MembersFirst Credit Union Signature Loans FAQ

What rates and terms does MembersFirst Credit Union Signature Loans offer?

What APR rate does MembersFirst Credit Union Signature Loans offer?

MembersFirst Credit Union Signature Loans offers a fixed APR personal loan product that starts at 9.9% APR.

What is the maximum loan term you can get with MembersFirst Credit Union Signature Loans?

MembersFirst Credit Union Signature Loans offers personal loans with

MembersFirst Credit Union Signature Loans Rates & Terms
Loan Amount N/A
Loan Term up to 48 months
APR Starting at 9.9%

What fees does MembersFirst Credit Union Signature Loans charge?

Does MembersFirst Credit Union Signature Loans charge an origination fee?

MembersFirst Credit Union Signature Loans may charge a loan origination fee.

Does MembersFirst Credit Union Signature Loans charge a late fee?

Yes, MembersFirst Credit Union Signature Loans may charge borrowers a late payment fee.

Does MembersFirst Credit Union Signature Loans charge prepayment fees?

Yes, MembersFirst Credit Union Signature Loans may charge additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.

MembersFirst Credit Union Signature Loans Fees
Origination Fee N/A
Prepayment Fee? Yes
Late Payment Fee N/A

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

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

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

U.S. citizens are, of course, eligible for the services offered by MembersFirst Credit Union Signature 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
  • Recent bank statements
  • Driver's license
  • Government issued photo ID
  • Proof of identity
MembersFirst Credit Union Signature Loans Eligibility Criteria
Minimum Age 18
Bank Account Required? No
Application Types Accepted
  • Individual Applications
  • Credit Score 600 - 850

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

    Yes, MembersFirst 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.

    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
    Georgia
    Availabile in all of Georgia

    Feature Breakdown

    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    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
    • Recent Pay Stubs
    • Proof of Income
    • Proof of Identity
    • Government Issued Photo ID
    • Recent Bank Statements
    • Social Security Number
    • Driver License (or other photo ID)
    Credit Score Range 600 - 850
    Credit Bureau Reporting
    • Experian
    • Equifax
    • TransUnion
    Payment Options Automatic Payments
    APR (Fixed APR) Starting at 9.9%
    Loan Term Up to 48 months

    Be the first to rate

     

    Would you recommend MembersFirst Credit Union Signature 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
    Cancel my vote
    (will require moderator approval)

    SUPERMONEY NET RECOMMENDATION SCORE

    0

    Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

    Other Personal Loans

    MembersFirst Credit Union Personal Loans

    Loading...