How to apply for the Schools First Federal Credit Union Personal Loans?
Check out how the Schools First Federal Credit Union Personal Loans application works and borrow up to $50,000 with affordable rates and flexible terms of up to 60 months.
by Aline Augusto
Schools First Personal Loans application: open your account and borrow the money you need
Apply online for the Schools First Federal Credit Union Personal Loans. This credit union offers a whole package of financial products, including credit cards, accounts, investment options, and loans.
Among lending options, Schools First FCU provides auto, home, and personal types of loans.
Today, we will focus on how to apply for a personal loan.
Personal loans from this lender range from $100 to $50,000. Also, the terms are flexible enough for you to consider the best that fits your budget.
Furthermore, rates start as low as 6.75%. In addition, there are no application, funding, or early payoff fees whatsoever.
Keep reading to apply for Schools First Federal Credit Union Personal Loans.
Schools First Federal Credit Union Personal Loans online application process
First of all, you must open a Schools First Federal Credit Union account to apply for personal loans. Becoming a credit union member is required to access the variety of affordable products available.
Also, this lender offers the option of automatic transfers to save on rates. By doing it, you will access the lowest rate of 6.75%.
In addition, eligibility requirements include proof of identity, residence, and age of majority.
This lender in particular doesn’t disclose if there is a minimum income to qualify. However, it doesn’t require a perfect credit score. Therefore, you may be approved with fair credit.
You will be redirected to another website
Application Process using the app
After opening your Schools First FCU account, choose the loan you want to apply for through your mobile access.
Schools First Federal Credit Union Personal Loans vs. Axos Personal Loans
Schools First Federal Credit Union is definitely a great choice for those who are willing to open an account and enjoy reasonable terms and rates.
On the other hand, Axos might be an amazing alternative if you don’t want to become a credit union member.
Check out the comparison right below before applying for a personal loan!
|Schools First Federal Credit Union Personal Loans||Axos Personal Loans|
|APR||From 6.75% to 18%||From 7.99 to 14.99% (estimated)|
|Loan Purpose||Personal||Personal (debt consolidation, home improvement, and any other major expense)|
|Loan Amounts||From $100 to $50,000||From $5,000 to $50,000|
|Credit Needed||Fair||Good – Excellent|
|Terms||Up to 60 months||From 3 to 6 years|
|Origination Fee||Not disclosed||From 1% to 2% of loan amount|
|Late Fee||Not disclosed||$15|
|Early Payoff Penalty||None||None|
Keep reading to check out how the Axos Personal Loans application works!
How to apply for the Axos Personal Loans?
Check out how the Axos Personal Loans application works and how to borrow up to $50,000 with flexible terms and conditions, and fixed rates.
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