| Community Rating |
Rating not yet determined |
| APR (Fixed APR) | 7.24% - 17.65% |
| Loan Amount | $2,500 - $5,000 |
| Loan Term (Months) | 12 - 36 months |
USAA Personal Loans Review
USAA Personal Loans is offered by USAA, a financial services company founded in 1922 and based in San Antonio, TX. USAA Personal Loans is available in 50 states across the USA.
- Fast access to funds. In some cases you can get your money within 1 business day.
- Hard credit pull required. You can't check your rates or see if you prequalify for USAA Personal Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
- No origination fee. USAA Personal Loans does not charge a loan origination fee.
- Cosigner applications accepted. Applying for USAA Personal Loans with a cosigner can improve your chances of approval and help you qualify for lower interest rates.
| Pros | Cons |
|---|---|
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What rates and terms does USAA Personal Loans offer?
USAA Personal Loans has lower interest rates than the average for lenders reviewed on SuperMoney.
What APR rate does USAA Personal Loans offer?
USAA Personal Loans offers a personal loan product that ranges from 7.24% APR up to 17.65% APR.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
How much can you borrow via USAA Personal Loans?
Loan amounts start at $2,500 and go up to $5,000
What can a personal loan from USAA Personal Loans be used for?
Personal loans from USAA Personal Loans are typically used for special purchases, debt consolidation, home improvement projects, weddings, unexpected expenses or similar purposes.
What is the maximum loan term you can get with USAA Personal Loans?
USAA Personal Loans offers personal loans with terms ranging from 12 to 36 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
| Loan Amount | $2500 - $5000 |
| Loan Term | 12 - 36 months |
| APR | 7.24% - 17.65% |
What fees does USAA Personal Loans charge?
Does USAA Personal Loans charge an origination fee?
USAA Personal Loans does not charge a loan origination fee.
A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does USAA Personal Loans charge a late fee?
Yes, USAA Personal Loans may charge borrowers a late payment fee, which is triggered if you're 15 days late.
Does USAA Personal Loans charge prepayment fees?
No, USAA Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
| Origination Fee | N/A |
| Prepayment Fee? | No |
| Late Payment Fee | N/A |
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. USAA Personal Loans only considers borrowers who are employed. Note that borrowers can add a cosigner 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 USAA Personal Loans. Their rates fall within the limits of The Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by USAA Personal Loans. Permanent resident / green card holders are also eligible to apply.
| 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 Loans?
USAA Personal Loans will typically approve (or deny) a loan application within 24 hours and fund personal loans within 7 business days of approval.
Contact
- Headquarters
-
9800 Fredericksburg Road
San Antonio, TX 78288 - Visit Site
Other Services by USAA
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| No Origination Fee | |
| No Prepayment Fee | |
| Late Fee Grace Period | 15 days |
USAA Personal Loans Community Reviews
Would you recommend USAA Personal Loans to your friends?
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