|APR (Variable APR)||
3.00% - 19.99%
|Loan Term (Months)||Up to 36 months|
Verity CU Personal Loans Review
Verity CU Personal Loans is offered by Verity Credit Union, a credit union founded in 1933 and based in Seattle, WA. Verity CU Personal Loans are available in 50 states (and Washington, DC).
- 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. Personal loan interest rates typically range between 5% and 36%. The starting rates for Verity CU Personal Loans are on the lower 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 Verity CU Personal Loans early.
Verity CU Personal Loans Pros & Cons
Verity CU Personal Loans FAQ
What interest rates and personal loan terms does Verity CU Personal Loans offer?
Verity CU Personal Loans has lower than average interest rates for lenders reviewed on SuperMoney.
What interest rates does Verity CU Personal Loans offer?
Verity CU Personal Loans offers a variable APR personal loan product that ranges from 3.00% APR up to 19.99% APR.
What is the maximum loan term you can get with Verity CU Personal Loans?
Verity CU Personal Loans offers loans with terms of up to 36 months.
|Personal Loan Amount||N/A|
|Loan Term||up to 36 months|
|APR||3.00% - 19.99%|
What fees does Verity CU Personal Loans charge?
Does Verity CU Personal Loans charge an origination fee?
Verity CU Personal Loans may charge a personal loan origination fee.
Does Verity CU Personal Loans charge a late fee?
No, Verity CU Personal Loans will not charge you a late fee if you miss one of the monthly payments.
Does Verity CU Personal Loans charge prepayment fees?
No, Verity CU Personal Loans 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.
|Late Payment Fee||No|
What do you need to qualify for Verity CU Personal Loans?Verity 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.
Verity CU Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Verity CU Personal 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 Verity 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 Verity CU Personal Loans.
To qualify, applicants may need to provide the following documentation:
- Proof of income
- Driver's license
- Proof of identity
- Proof of citizenship or residence permit
|Bank Account Required?||No|
|Application Types Accepted||
Does Verity CU Personal Loans report your account activity to credit bureaus?
Yes, Verity CU Personal Loans reports your account activity to the following credit reporting agencies:
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 Verity CU Personal Loans legit?
Verity Credit Union was founded in 1933, it is a well-established company with approximately 51 employees that has been in business for 90 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.
Other Services by Verity Credit Union
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- Washington, DC
- West Virginia
|Employment Statuses Considered||
|Immigration Status Considered||
|Joint Loan Applications Accepted||
|Supported Income Types||
|Verification Documents Required||
|Credit Bureau Reporting||
|APR Type||Variable APR|
|APR (Variable APR)||
3.00% - 19.99%
|Loan Term||Up to 36 months|