Navigator CU Personal Loans

Navigator CU Personal Loans Review

Navigator CU Personal Loans is offered by navigator credit union, a credit union founded in 1939 and based in Moss Point, MS. Navigator CU Personal Loans are available in 50 states (and Washington, DC).

Key Takeaways

• Uses a variable APR. This is uncommon for personal loans. If interest rates rise in the future it could make the monthly payments more challenging. These are average interest rates for a personal loan. If you have good credit or a cosigner, you could probably find 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 Navigator CU Personal Loans early.
• Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for Navigator CU Personal Loans.

Navigator CU Personal Loans Pros & Cons

Pros	Cons
Accepts cosigners and coborrowers.	Charges an origination fee. Does not offer pre-approval with soft credit pull. Charges prepayment fees. Charges a late fee

Navigator CU Personal Loans FAQ

What interest rates and personal loan terms does Navigator CU Personal Loans offer?

What fees does Navigator CU Personal Loans charge?

What do you need to qualify for Navigator CU Personal Loans?

Navigator CU Personal 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.

Navigator CU Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Navigator CU Personal Loans only considers borrowers who are employed. Note that borrowers can add a cosigner or a co-borrower to either meet eligibility requirements or qualify for lower interest rates.

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 Navigator CU Personal 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 Navigator CU Personal Loans.

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

• Proof of income
• Driver's license
• Proof of identity

Navigator CU Personal Loans Eligibility Criteria

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

Does Navigator CU Personal Loans report your account activity to credit bureaus?

Yes, Navigator CU 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.

Are Navigator CU Personal Loans legit?

Navigator Credit Union was founded in 1939, it is a well-established company that has been in business for 84 years.

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