Grace Enfield, Content Writer
@grace_enfield
Navy Federal Credit Union may approve you for a personal loan the same day you apply or within 3 - 10 business days, depending on how quickly NFCU can verify your information. After your application is approved, you may receive your funds by electronic bank transfer as soon as the same day you accept the offer.
Key Things to Know About Navy Federal Credit Union Loan Approval
- Minimum Credit Score: Not disclosed
- Approval Timeline: 3 - 10 business days
- Funding Timeline: 1 business day
- Fund Delivery Method: Electronic bank transfer
- Loan Amount: $250 - $50,000
- APR: 8.99% - 18%
- Repayment Period: Up to 60 months (up to 180 for home improvement)
- Origination Fee: 0%
If you think a Navy Federal Credit Union loan is right for you, check out the full Navy Federal Credit Union personal loan review on WalletHub. You can also estimate your potential rates with our free pre-qualification tool.
People also ask
What credit score do you need for a Navy Federal Credit Union personal loan?
Navy Federal Credit Union does not disclose a specific credit score needed to get a personal loan, unlike many personal loan providers. When evaluating your application, Navy Federal Credit Union will consider your entire financial profile, including your income, existing debts, and recent credit inquiries, as well as your credit score.
Navy Federal Credit Union Loan Requirements and Terms
| Category | Requirements and Terms |
| Minimum Credit Score | Not disclosed |
How do I apply for a Navy Federal Credit Union personal loan?
To apply for a Navy Federal Credit Union personal loan, first decide which way you will apply (online, by phone or in person), then enter your personal and financial information on the application. Next, verify the accuracy of the information, submit the application and wait to receive a decision.
How to Apply for a Navy Federal Credit Union Personal Loan
- Decide which way to apply. You can apply for a Navy Federal Credit Union personal...
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