Important disclosure

Call Federal Credit Union Personal Loans Overview

Carla Soto
Updated 19 August 2023
Fact checked

Call Federal Credit Union logo

Call Federal Credit Union was founded in 1962. This federally insured, not-for-profit financial cooperative is based in Richmond, Virginia. As of 2018, it had $400 million in assets and 33,000 members.

Want to calculate your monthly payments for a personal loan? With the Call Federal Credit Union personal loans calculator, you can find out right away. Adjust the loan amount and term until you get the option that is within your capacity to pay.

Personal loans have an annual percentage rate (APR) varying from around 3% to 36% APR. The interest rates you can receive will depend on a range of factors, such as your credit score, income, and debt-to-income ratio. On a loan of $10,000 over 5 years, the cost could vary between $10,781 and $21,680. The interest cost is between $781 and $11,680.

A quick guide to Call Federal Credit Union personal loans

Call Federal Credit Union offers unsecured personal loans for your peace of mind. Borrow money to pay off high-interest debt, medical bills, or school tuition. You can even use the funds for home renovation, car repairs, or a dream wedding.

Call Federal Credit Union’s loan features

Here’s a glance at the key features and benefits of Call FCU personal loans:

  • Loan amounts: not specified
  • Loan terms: Between 1 year and 7 years
  • Interest rates: APR between 6.0% and 18.0%
  • No origination fees
  • No prepayment penalties

Requirements for a Call Federal personal loan

Before applying for a Call Federal personal loan, you must become a member. It is open to anyone who lives, works, worships, or attends school in the Greater Richmond (VA) area.

Call Federal doesn’t disclose how you can qualify for its personal loan. However, you will likely have to:

  • Be 21 years of age
  • Be a US resident
  • Have a steady source of income
  • Have a good credit standing

When you apply for a personal loan at Call Federal, have these documents ready:

  • Proof of identity (driver’s license, social security number, other state-issuedIDs)
  • Proof of US residential address
  • Proof of employment (paystubs, W-2s and 1099s, employer statement)
  • Income verification (tax returns, bank statements, annuity statements)

Call Federal Credit Union personal loan calculator

Loan Amount

$20,000

Term

3 months

Call Federal Credit Union

Call Federal Credit Union personal loans (Share Secured)

Estimated Month Repayments
Interest Rate
3.00%
APR
Repayment Period
6 months
to 60 months
Loan Amounts
$1,000
to $20,000
Our signature loans allow you to borrow with the peace of mind that your rate will not change and there are no origination or prepayment fees.
Call Federal Credit Union

Call Federal Credit Union personal loans (Certificate Secured)

Estimated Month Repayments
Interest Rate
3.00%
APR
Repayment Period
6 months
to 36 months
Loan Amounts
$1,000
to $20,000
Our signature loans allow you to borrow with the peace of mind that your rate will not change and there are no origination or prepayment fees.
Call Federal Credit Union

Call Federal Credit Union personal loans (Signature)

Estimated Month Repayments
Interest Rate
5.50%
APR
Repayment Period
6 months
to 84 months
Loan Amounts
$1,000
to $20,000
Our signature loans allow you to borrow with the peace of mind that your rate will not change and there are no origination or prepayment fees.
Call Federal Credit Union

Call Federal Credit Union personal loans (Personal Line of Credit)

Estimated Month Repayments
Interest Rate
9.00%
APR
Repayment Period
1 month
to 80 months
Loan Amounts
$1,000
to $20,000
Our signature loans allow you to borrow with the peace of mind that your rate will not change and there are no origination or prepayment fees.

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Minimum and maximum loan periods vary between 1 month and 10 years. Annual Percent Rates (APR) vary between 4.99% and 35.99% p.a. Total interest repayments vary between $592 and $916 over the life of the loan. *APR is based on an unsecured loan of $20,000 over a term of 3 years. WARNING: This APR is true only for the examples and may not include all charges. Different terms, fees or loan amounts might result in a different APR. These rates can change without further notice.

Frequently asked questions

What can I use the Call Federal Credit Union personal loan for?

Loan proceeds can be used for anything you want. Whether it is to pay for your kid’s braces, buy new kitchen appliances, or to repair the car, it’s up to you.

Can I apply for a personal loan if I am not a Call FCU member?

No, you can’t. First, you must join to become a member to enjoy privileges such as applying for a personal loan.

What is the maximum repayment term for a Call FCU personal loan?

You can choose to pay the full amount of the loan for up to 84 months (7 years).

What is the interest rate for a Call Federal Credit Union personal loan?

The APR for a personal loan at Call Federal Credit Union is between 6.0% and 18.0%.

Will application or origination fees be deducted from the loan proceeds?

No, Call Federal Credit Union does not deduct application or origination fees. Once approved, the whole amount will be disbursed to your account.

Will I be charged with a penalty if I repay the loan in advance?

No, you won’t be. Call Federal does not charge prepayment penalties to borrowers who repay the full loan amount ahead of time.

Where can I find the online banking login for Call Federal?

Account access through online banking is available at the Call Federal Online Banking website.


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Carla Soto
Carla Soto

Carla is a skilled copywriter at BestFind with a background in marketing and communications. She specializes in reviewing personal loan and finance products to help readers navigate the complex world of personal finance.

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