SuperMoney
  Visions Federal Credit Union Personal Loans

Visions Federal Credit Union Personal Loans

in Personal Loans from Visions Federal Credit Union

Unaffiliated

Visions Federal Credit Union Personal Loans

Unaffiliated

in Personal Loans from Visions Federal Credit Union

Net Recommendation Score +100

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

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.

Rating not yet determined  

1 user recommends
0 users are unsure
0 users don't recommend
Cast your vote

Would you recommend Visions Federal Credit Union Personal Loans to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating

Rating not yet determined  

APR  (Variable APR) Starting at 6.49%
Loan Amount $500 - $40,000
Loan Term (Months) 60 - 180 months

Visions Federal Credit Union Personal Loans Review

Visions Federal Credit Union Personal Loans is offered by Visions Federal Credit Union, a credit union founded in 1966 and based in Endicott, NY. Visions Federal Credit Union Personal Loans is available in 3 states across the USA.

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. Personal loan interest rates typically range between 5% and 36%. The starting rates for Visions Federal Credit Union Personal Loans are on the lower end of the spectrum.
  • Prequalified rate. You can check your prequalified rate at Visions Federal Credit Union with a soft pull that will not affect your credit score.
  • Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your Visions Federal Credit Union Personal Loans early.
  • Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for Visions Federal Credit Union Personal Loans.
  • Super long loan terms. Visions Federal Credit Union Personal Loans offers loan terms of up to 180 months. Most personal loans have a maximum term of 60 months.
Visions Federal Credit Union personal loans Pros & Cons
Pros Cons
  • Low APRs available to qualified borrowers.
  • Considers applicants with fair credit.
  • Accepts cosigners and coborrowers.
  • Charges an origination fee.
  • Charges prepayment fees.
  • Charges a late fee.
Visions Federal Credit Union personal loans FAQ

What interest rates and personal loan terms does Visions Federal Credit Union personal loans offer?

Visions Federal Credit Union personal loans has lower interest rates than the average for lenders reviewed on SuperMoney.

What interest rates does Visions Federal Credit Union personal loans offer?

Visions Federal Credit Union personal loans offers a variable APR personal loan product that starts at 6.49% APR.

How much can you borrow via Visions Federal Credit Union personal loans?

Loan amounts start at $500 and go up to $40,000

What is the maximum personal loan term you can get with Visions Federal Credit Union personal loans?

Visions Federal Credit Union personal loans offers loans with terms ranging from 60 to 180 months.

Visions Federal Credit Union personal loans Interest Rates & Loan Terms
Personal Loan Amount $500 - $40000
Loan Term 60 - 180 months
APR Starting at 6.49%

What fees does Visions Federal Credit Union personal loans charge?

Does Visions Federal Credit Union personal loans charge an origination fee?

Visions Federal Credit Union personal loans may charge a personal loan origination fee.

Does Visions Federal Credit Union personal loans charge a late fee?

Yes, Visions Federal Credit Union personal loans may charge borrowers a late payment fee if you miss one of the monthly payments.

Does Visions Federal Credit Union personal loans charge prepayment fees?

Yes, Visions Federal Credit Union personal 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 personal loan early.

Visions Federal Credit Union personal loans Fees
Origination Fee N/A
Prepayment Fee? Yes
Late Payment Fee N/A

What do you need to qualify for Visions Federal Credit Union Personal Loans?

Applicants with a credit score of at least 590 and up to 840 may be eligible for Visions Federal Credit Union Personal Loans. The minimum age to be eligible is 14 or the state minimum, whichever is higher.

Visions Federal Credit Union Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Visions Federal Credit Union Personal Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations. 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 Visions Federal Credit Union 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 Visions Federal Credit Union Personal Loans. Permanent resident / green card holders are also eligible to apply.

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

  • Government issued photo ID
  • Proof of identity
  • Proof of residence
Visions Federal Credit Union personal loans Eligibility Criteria
Minimum Age 14
Bank Account Required? No
Application Types Accepted
  • Co-borrowers
  • Cosigners
  • Individual Applications
  • Credit Score 590 - 840

    Does Visions Federal Credit Union Personal Loans report your account activity to credit bureaus?

    Yes, Visions Federal Credit Union 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.

    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.

    Contact

    • Headquarters
    •   24 McKinley Avenue
      Endicott, NY 13760
    •   Visit Site

    Hours of Operation

    • Sunday Closed
    • Monday 8:30am - 6:00pm
    • Tuesday 8:30am - 6:00pm
    • Wednesday 8:30am - 6:00pm
    • Thursday 8:30am - 6:00pm
    • Friday 8:30am - 6:00pm
    • Saturday 8:30am - 2:00pm

    Other Services by Visions Federal Credit Union

    Availability

      Available in 3 states
    • New Jersey
    • New York
    • Pennsylvania

    Feature Breakdown

    Cosigner Optional
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    • Unemployed
    Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
    Joint Loan Applications Accepted
    • Co-borrower
    • Cosigner
    • Individual Applications
    Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
    Minimum Age 14
    Supported Income Types
    • 1099 Misc. Income
    • Cash
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
    • Tax Returns
    Verification Documents Required
    • Government Issued Photo ID
    • Proof of Identity
    • Proof of Residence
    • Social Security Number
    Credit Score Range 590 - 840
    Credit Bureau Reporting
    • Equifax
    • Experian
    • TransUnion
    Payment Options
    • Automatic Payments
    • Bank Transfer
    • Cash
    • Check by mail
    • Storefront
    Pre-Approved Soft Credit Inquiry
    Loan Amount $500 - $40,000
    APR (Variable APR) Starting at 6.49%
    Loan Term 60 - 180 months

    Visions Federal Credit Union Personal Loans Community Reviews

     

    Would you recommend Visions Federal Credit Union Personal 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
    (will require moderator approval)

    SUPERMONEY NET RECOMMENDATION SCORE

    This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

    +100

    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.

    sorted by

    Other Personal Loans