Great Lakes Credit Union is a student loans lender based in Bannockburn, IL. It was founded in 1938 and offers student loans in 2 states across the USA.
Great Lakes Credit Union offers variable rate APRs that range from 4.31% to 10.42%.
Great Lakes Credit Union has a minimum loan amount of $2,500.
No, Great Lakes Credit Union 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.
No, Great Lakes Credit Union does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
Great Lakes Credit Union provides loans of 5 to 20 years.
Borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.
Great Lakes Credit Union offers borrowers unemployment protection. This means that if you lose your job -- or you have just finished school -- your loan payments are placed on a temporary hold.
Great Lakes Credit Union considers loans applications from:
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