Thinking of taking out a loan or using any other services the Navy federal credit union offers? Customers share their experience on navy federal credit union with others, find the necessary answers and all the relevant information about the company here.

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Navy Federal Credit Union Reviews

The banking system of the USA has developed greatly and offers opportunities for earning, keeping track of your money, taking out a mortgage, and even having full control over your bank card or account via a sophisticated app. Navy Federal Credit Union or NFCU is one of the credit unions with a long history which has proven to be a reliable company and still manages to attract new members and stay on top. 

Navy Federal Credit Union Mortgage

As you may know, Navy Federal Credit Union was initially established as a credit union for Navy employees and personnel, and the tradition is kept today. Military families enjoy low mortgage rates and lucrative banking offers. If you have doubts about whether you are eligible to become a member, please, contact the customer service. Navy Federal Credit Union number is the following: 1-888-842-6328. The contact center is ready to help 24/7.

Compare Navy Federal Credit Union to similar Personal Loan Providers

You can apply for Personal Loans from other credit unions if you are a member of one. If you are not but plan to join some credit union you need to study the customer reviews carefully before applying.

PenFed provides Loans to consolidate your private and federal student loans as well as Refinance Parent Plus loans, Spouse Loans, and Individual Student Loans. They offer competitive rates allowing individuals and couples to consolidate and refinance their federal and private student loans into a single loan.

  • Refinance Parent Plus loans
  • Spouse Loans
  • Individual Student Loans
  • Cosigners must be a U.S. citizen.

  • Cosigners must be age of majority in your state of residence

  • Cosigners must co-sign on both the loan application and on the promissory note.

  • Cosigners must provide proof of income.

  • Cosigners must be able to meet the cosigner credit requirements.

Pros
  • Physical branches available
  • ATM card offered
  • Access to multiple surcharge-free ATM network
  • Mobile apps available
Cons
  • 0.05% APY on its basic savings account.
  • $1,000 minimum on share certificates is high.
  • Doesn't participate in shared branching.

 

Or you have the option of getting the necessary money from a bank. Membership is not required, but you need to have a banking account in this financial institution. Some of the largest banks offering Personal Loans in the USA are:

Сhase Bank offers a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing.

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  • Checking Accounts
  • Savings Accounts & CDs
  • Prepaid Card
  • Credit Cards
  • Mortgages
  • Home Equity Line of Credit
  • Car Buying & Loans
  • Planning & Investments
  • Chase Private Client
  • Business Banking
  • Your credit report should be free of any recent bankruptcies, foreclosures, repossessions, mortgage delinquencies, negative public records, charge offs or other credit issues. The minimal credit score is typically 680.
  • The LTV (Loan-to-value ratio) should be less than 80%.
  • Debt-to-income ratio may be acceptable up to 50%.
  • Other required documents may include paystubs, W2s, all pages of your tax return, investment and retirement income, and any other source of income.
Pros
  • With more than 5,100 branches and 16,000 ATMs, Chase’s physical footprint is huge.
  • The bank’s website and mobile app are consistently rated highly by users.
  • While it has monthly service fees on most accounts, avoiding fees are relatively easy -- especially with a direct deposit into its Chase Total Checking.
  • While some banks are condensing and consolidating, Chase has been expanding and adding branches.
  • Chase has been known to reward new customers with bonuses if they come bank at Chase.
Cons
  • Like at most big banks, rates on savings and CDs are very low.
  • High out-of-network ATM fees, with no real ways to sidestep them.
  • It might seem like Chase is everywhere, but it only has branches in 26 states.

 

Wells Fargo offers Loans, Credit Cards, Free Online Budgeting Tools and other money products at affordable rates with convenient repayment. 

  • MIN Loan Amount: $3000
  • MAX Loan Amount: $100000
  • Terms: Vary by state.
  • Rates and fees: starting from 5.24% APR
  • Turnaround Time: 1 - 2 business day
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Checking Accounts

Savings Accounts and CDs

Debit and Prepaid Cards

Credit Cards

Foreign Exchange

 

Mortgage Loans

Home Equity Lines

Personal Lines and Loans

Student Loans

Auto Loans

Credit Cards

Global Remittance Services

Online Banking

Transfer and Pay

ATM Banking

 

Pros
  • Easy and accessible mobile and online banking

  • Opportunity to create a personal relationship with bankers at Wells Fargo branches

Cons
  • Monthly service fees on checking and savings accounts 
  • Low APY rates compared to online banks 

 

  • Must be a U.S. citizen, U.S. national or permanent resident.
  • Be the age of majority or older at the time of application.
  • You must be able to show that you can pay back the loan.

Bank of America offers Payday Loans, Title Loans, Personal Installment Loans and other money products at affordable rates with convenient repayment. 

  • MIN Loan Amount: $3000
  • MAX Loan Amount: $250000
  • Terms: 1 - 7 years.
  • Rates and fees: 5% to 29% APR
  • Turnaround Time: 1 - 2 business day
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  • Checking accounts
  • Saving accounts
  • Investing
  • Home Loans
  • Mortgages
  • Auto Loans
  • Line of Credit
  • Credit cards

at least 18 years of age (19 in Alabama or Nebraska)

a U.S. citizen, resident alien or non-resident alien

Pros
  • Automatic savings program available
  • Debit card shopping rewards
  • Access to physical branches
  • Mobile apps available
  • Online applications
  • Low rates
Cons
  • Up to 0.06% APY on savings account; better rates available elsewhere. 

  • Low rates on certificates of deposit. 

  • $35 overdraft fee can be charged up to four times daily.

 

And one more, probably the most popular way out for people in need of emergency cash advance is online direct lenders. They provide Personal Loans for bad credit and no credit online and in a store. You can get up to $35,000 with no hard credit checks. Our top picks are:

LendYou will help you get the cash you need when you need it. You can apply for Payday Loans, Installment Loans or Personal Loans, etc. Compare the lenders and get matched with the best one.

  • MIN Loan Amount: $100
  • MAX Loan Amount: $35000
  • Terms: Varied
  • Rates and fees: Starting at 4.99% APR
  • Turnaround Time: 1 business day
  • $100 - $1000 Payday Loans
  • $1000 - $5000 Installment Loans
  • $5000 - $35000 Personal Loans
  • 18 years of age or older
  • U.S. citizenship
  • Valid checking or savings account with direct deposit
  • Minimum regular income of $1,000 per month
  • Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
Pros
  • High up to $15,000 loan amounts. 
  • Minimal restrictions on how you can use your loan.
  • No collateral or guarantor.
  • Bad credit is OK. 
Cons
  • It's not a direct lender, so you'll need to clarify rates and terms with the company you are matched with. 

 

Check Into Cash offers Payday Loans, Title Loans, Personal Installment Loans and other money products at affordable rates with convenient repayment. 

  • MIN Loan Amount: $50
  • MAX Loan Amount: $3000
  • Terms: Vary by state.
  • Rates and fees: 261% to 782% APR
  • Turnaround Time: 1 business day
  • Payday Loans
  • Online Payday Loans
  • Title Loans
  • Installment Loans
  • Online Installment Loans
  • Line of Credit
  • Flex Loans
  • Other Services
  • Check Cashing
  • Bill Pay
  • Western Union 
  • U.S. Money Card
  • Cell Phone Top-Ups
  • Sell Us Your Gift Cards For Cash
  • Active checking account open for 90+ days
  • US citizen or permanent resident
  • Personal and work phone number
  • Valid email address
  • 21+ years old (19+ in Alabama)
  • Social Security number (for Indiana residents only)
Pros
  • You can get even as low as $50.
  • Quick funding on the next business day.
  • Money can be used for any personal needs.
Cons
  • Not available in every state.
  • APR can be more than 153.73% depending on your state.
  • High late payment fees.

 

Instant Loans USA will help you get the cash you need when you need it. You can apply for Payday Loans, or Personal Loans online. Choose the best rates and terms and get the same-day financing.

  • MIN Loan Amount: $100
  • MAX Loan Amount: $35000
  • Terms: Varied
  • Rates and fees: Starting at 4.99% APR
  • Turnaround Time: 1 business day
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  • $100 - $1000 Payday Loans
  • $5,000 - $35,000 Personal Loans
  • 18 years of age or older
  • U.S. citizenship
  • Valid checking or savings account with direct deposit
  • Minimum regular income of $1,000 per month
  • Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
Pros
  • High loan amounts up to $35,000. 
  • Minimal basic requirements.
  • No collateral or co-signer.
  • Bad credit is OK. 
Cons
  • High interest rates.

 

Greenlight Cash created an online platform to connect consumers like you with reliable lenders across the country. They partner with a large network of professionals so you get a chance to work with one of them and meet the challenge of improving your financial situation in the most effective way. Once you tap submit, you get one step closer to receiving the funds.

  • Payday Loans
  • Installment Loans
  • Personal Loans
  • be a legal U.S. resident
  • be at least 18 years old
  • have a stable source of income
  • be currently employed
  • have an active bank account
Pros
  • Unrivaled flexibility and accessibility.
  • Predictable monthly payments

  • Quick and simplified borrowing process

  • Any credit is welcome
Cons
  • Not a direct lender.

 

 

 

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Navy Federal Credit Union App

In our digital era, it’s hard to imagine our life without a banking app, which allows to transfer money internationally, categorize your expenditures, and find data on your accounts. Luckily, NFCU has designed a mobile app, which is supported by Android and iOS. Have access to your Navy Federal Credit Union credit cards, apply for new accounts, and more – with a headache-free design the app is user-friendly and efficient.

Share your experience

Now it’s your turn to speak out! Have you had any problems with Navy Federal Credit Union? Has your membership been the best experience ever? Share your thoughts in the comment section below, as they can be valuable to many indecisive members-to-be.