Last Updated: 04/18/2025
USAA Personal Loans
Claimed
Last Updated: 04/18/2025
SuperMoney User Recommendation Score +27
Mostly recommended11 total votes
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Highlights
Community Rating
Mostly recommended
APR (Fixed APR)
7.24% - 17.65%(Verified 06/21/2024)
Disclaimer popup with additional information
Amount Range
$2,500 - $5,000
Loan Term (Months)
12 - 36
Number of Reviews
USAA Personal Loans Review
USAA Personal Loans is offered by USAA Federal Savings Bank, a bank founded in 1922 and based in Phoenix, AZ. USAA personal loan are available in 50 states.
Key Takeaways
- APRs starting at 7.24%. Personal loan interest rates typically range between 9% and 36%. The starting rates for USAA Personal Loans are on the lower end of the spectrum.
- Fast access to funds. If approved, USAA Federal Savings Bank will send the money in as little as 24 hours.
- No origination fee. USAA Personal Loans does not charge a loan origination fee.
- Cosigner required. Applicants must have a cosigner to complete an application.
USAA personal loan Pros & Cons
| Pros | Cons |
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USAA personal loan FAQ
What interest rates and personal loan terms does USAA personal loan offer?
USAA personal loan has lower than average interest rates for lenders reviewed on SuperMoney.
What interest rates does USAA personal loan offer?
USAA personal loan offers a fixed APR personal loan product that ranges from 7.24% APR up to 17.65% APR.
How much can you borrow via USAA personal loan?
Personal loan amounts start at $2,500 and go up to $5,000
What is the maximum loan term you can get with USAA personal loan?
USAA personal loan offers loans with terms of up to 36 months.
| Personal Loan Amount | $2500 - $5000 |
| Loan Term | 12 - 36 months |
| APR | 7.24% - 17.65% |
What fees does USAA personal loan charge?
Does USAA personal loan charge an origination fee?
USAA personal loan does not charge a personal loan origination fee.
A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, consider lenders that don’t charge origination fees.
Does USAA personal loan charge a late fee?
USAA personal loan does not disclose whether it charges late payment fees.
Does USAA personal loan charge prepayment fees?
No, USAA personal loan does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | No |
| Prepayment Fee | No |
| Late Payment Fee | No |
What do you need to qualify for USAA Personal Loans?
Applicants with a credit score of at least 640 and up to 850 may be eligible for USAA Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. USAA Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by USAA Personal Loans.
| Minimum Age | 18 |
| Bank Account Required? | No |
| Application Types Accepted |
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| Credit Score | 640 - 850 |
What is the estimated funding time for a personal loan via USAA personal loan?
USAA personal loan will typically fund loans within 1 to 7 business days of approval and clearing necessary verifications.
Does USAA Federal Savings Bank perform a hard credit pull?
Yes, USAA personal loan performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
Are USAA Personal Loans legit?
USAA Federal Savings Bank was founded in 1922, it is a well-established company that has been in business for 104 years. Based on their "mostly recommended" SuperMoney community rating, they seem to be a reputable company.
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.
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users mostly recommend this product, giving it a user recommendation score of +27, or 3.5 on a 5-point rating scale.
+27
-1000+100
No one recommends
Everyone recommends
USAA Personal Loans Community Reviews
Would you recommend USAA Personal Loans to your friends?
Anna S.
Jan 6, 2024
May or may not recommend
USAA takes care of its members and are veteran friendly. We always check for rates and compare USAA rates with other commercial banks. 24 hour agents are available and you have access to your information online and through the app as well. I would say if you are a member and is looking for a personal loan, USAA is definitely to be considered.
KD
Kelcie D.
Oct 26, 2023
May or may not recommend
I chose USAA because I use them for insurance. They were fine! I'm not giving them a 5 star rating because their communication wasn't that great. It took them a while to get back to me after I applied, and then when I tried to follow up it took them another few days. It was hard to be a fan when it started out that way. But the actual loan ...Show More
MB
Megan B.
May 11, 2023
May or may not recommend
USAA takes care of our men and women in service, and their dependents… like me.
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
I used the USAA personal loan to supplement another loan that did not cover the full cost of an RV I was purchasing. The rate was very competitive and USAA's customer service is always outstanding. In addition, their mobile app is one of the best banking apps I've used. The 1-800 line is 24 hours and you always get a US based rep (frequently a veteran or veteran's family member) ...Show More
CC
Celestina C.
Jul 22, 2022
May or may not recommend
My husband tried to get a loan here but they denied him, sad because at that time we are really in trouble, and we need to get a loan so badly. My husband is active military but still didn't have a chance. Hope they have a good reason why they do that.
SS
Sophonie S.
Apr 22, 2022
May or may not recommend
I wouldn't recommend USAA because they require you to be a member before taking out a personal loan. That is extremely inconvenient as not all applicants want to become members and this restriction implies that USAA is only interested in their business model and profits, not their customers.
EO
Evan O.
Feb 27, 2021
May or may not recommend
I used the USAA personal loan to supplement another loan that did not cover the full cost of an RV I was purchasing. The rate was very competitive and USAA's customer service is always outstanding. In addition, their mobile app is one of the best banking apps I've used. The 1-800 line is 24 hours and you always get a US based rep (frequently a veteran or veteran's family member) ...Show More
SY
Sandra Y.
Jan 25, 2021
May or may not recommend
I have been a member of USAA since 2000. I've always received great service and been happy banking with them. I retired from the military in 2005 and have lived overseas since then. I've successfully taken out three personal loans: the first one was paid off early, and I've made additional principal payments on my two current personal loans. But I was told last week ...Show More
HO
Hayden O.
Jan 11, 2021
May or may not recommend
USAA is a fantastic company - they put their customers first in every regard and it really shows! The personal loan process is extremely easy and you are notified of your status almost immediately.
The USAA app allows you to make banking, policy, and loan changes seamlessly, and is always available when you need it.
If you qualify for USAA personal loans the rates are fair and you are able to ...Show More
KH
Katherine H.
Oct 5, 2020
May or may not recommend
I have been a USAA member for fifteen years and in my time with them I have received one personal loan. The process of being approved was quick and easy. I did have to call and speak to a representative to complete the process, but we received the funds promptly upon approval. We also paid our loan off about three years early with no fees or penalty, which is a ...Show More
U
Anonymous
Feb 24, 2018
May or may not recommend
So, you don't really help veterans; only those with really good credit scores. Now we know why vets have given up on the system. What a shame after all they gave up for you.
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