What are USAA's requirements for borrowers? This question is about USAA

USAA's requirements include being at least 18 years old, having enough income or assets to make the monthly payments and having a Social Security number. You will also need to have a verifiable bank account to qualify for a USAA personal loan. USAA Requirements for Borrowers Credit Score: Excellent gets the best rates Income: Not disclosed Age: 18+ Citizenship: U.S. citizen, permanent resident or immigration visa holder Identification: Social Security number Bank Account: Verifiable bank account Residency: All states Before you apply for any personal loan, it’s a good idea to pre-qualify. While meeting all of the requirements gives you a good chance of approval, it’s never guaranteed. To pre-qualify with multiple lenders at once, check out WalletHub’s free pre-qualification tool.

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What are USAA's requirements for borrowers?

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This question is about USAA

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Grace Enfield, Content Writer

@grace_enfield • 04/11/22 This answer was first published on 04/11/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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USAA's requirements include being at least 18 years old, having enough income or assets to make the monthly payments and having a Social Security number. You will also need to have a verifiable bank account to qualify for a USAA personal loan.

USAA Requirements for Borrowers

Credit Score: Excellent gets the best rates
Income: Not disclosed
Age: 18+
Citizenship: U.S. citizen, permanent resident or immigration visa holder
Identification: Social Security number
Bank Account: Verifiable bank account
Residency: All states

Before you apply for any personal loan, it’s a good idea to pre-qualify. While meeting all of the requirements gives you a good chance of approval, it’s never guaranteed. To pre-qualify with multiple lenders at once, check out WalletHub’s free pre-qualification tool.

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What credit score do you need for a USAA personal loan?

USAA will consider people with bad credit (a credit score below 640) for a personal loan, according to customer service, because there is no officially specified USAA credit score requirement. You also need to be eligible for USAA membership to qualify for a USAA personal loan.

Keep in mind that USAA will look at more than just your credit score when evaluating your application for a personal loan. USAA will consider your entire financial profile, including things like your income, existing debts and recent credit inquiries, when deciding whether to approve you.... read full answer

If you're unsure of what your current credit score is, you can check it for free on WalletHub.

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How long does it take to get money from a USAA personal loan?

It takes 2 to 4 business days to get money from a USAA personal loan, in most cases. The USAA loan timeline includes around 1 business day to get approved for a USAA loan and another 1 to 3 business days to receive the funds after approval. Keep in mind that this is a typical applicant's experience, and in some cases it could take longer.... read full answer

How to Get Money From USAA as Fast as Possible

Fill out the application carefully. You should make sure that all information you enter on the application is correct and complete. That will eliminate any potential delays from USAA having to request additional information.

Check your credit report for errors. Before you apply, you should verify that everything on your credit report is accurate, as any incorrect negatives on there could impact your chances of approval. If you find any errors, you should dispute them right away to get them removed.

Apply online. Online applications have the fastest processing times since they are automated and streamlined.

Once you get approved for a USAA personal loan, the money will be delivered through an electronic funds transfer to your bank account, which usually takes 1 to 3 business days.

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How can you get USAA personal loan pre-approval?

USAA does not offer personal loan pre-approval, which means you cannot see your odds of approval and potential interest rates before applying. Most other personal loan providers do offer pre-approval, which can be very helpful for potential applicants.

Even though USAA does not offer personal loan pre-approval, you can try out WalletHub's free ... read full answer pre-approval tool, which checks with multiple other personal loan providers at the same time. It may help you find a good offer from a lender you weren't originally considering. This process will have no impact on your credit score.

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