Important disclosure

KeyPoint Federal Credit Union Personal Loans Calculator & Overview

Carla Soto
Updated 19 Aug 2023
Fact checked

KeyPoint Federal Credit Union logo

KeyPoint Federal Credit Union was chartered in 1955 and can be found in Baton Rouge, Louisiana. KeyPoint Federal Credit Union holds $400 million in assets and serves more than 7,000 members. They provide personalized services including higher interest rates on savings and lower rates on personal loans, new and used auto loans, and HELOCs.

If you’ve decided that a personal loan is the way to go to get that extra needed cash, it is important to get all the information you need to make borrowing money a little easier when those monthly repayments start to hit. Curious about what the total repayable amount will be for a KeyPoint personal loan? Let the KeyPoint Federal Credit Union personal loans calculator do the work.

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.

KeyPoint Federal Credit Union personal loans at a glance

The best personal loan for you is determined by your specific demands and circumstances. A KeyPoint Federal Credit Union personal loan may be a wise decision for you, especially if you have an emergency. You only need to demonstrate your ability to pay and a good credit score. If you’re undecided about getting a KeyPoint Federal Credit Union personal loan, read this.

Here’s a breakdown of the key features and benefits of a KeyPoint Federal Credit Union personal loan:

  • Loan amounts: minimum $500; maximum $25,000
  • Loan terms: between 12 and 72 months
  • Loan fees: $0 origination fee; $0 prepayment penalty; $0 late fee; $0 annual fee
  • Interest rates: from 11.95% to 18.00% APR

Requirements for a KeyPoint Federal Credit Union personal loan

KeyPoint Federal Credit Union personal loans are available for members only. If you want to join, there are many ways to qualify for membership:

  • You live, work, worship, or attend school in KeyPoint Federal Credit Union recognized counties
  • You are a family member of a KeyPoint Federal Credit Union member
  • You are a current or former employee of KeyPoint Federal Credit Union recognized establishments, businesses, or institutions

These are the following documents you have to prepare when you apply for a KeyPoint Federal Credit Union loan:

  • Valid government issued photo ID
  • Most current pay stub

KeyPoint Federal Credit Union personal loan calculator

Loan Amount

$20,000

Term

3 months

KeyPoint Federal Credit Union

KeyPoint Federal Credit Union personal loans

Estimated Month Repayments
Interest Rate
8.20%
APR
Repayment Period
12 months
to 72 months
Loan Amounts
$500
to $25,000
Put getting out of debt closer in reach.

SeeLoans.com provides factual information about financial products. While SeeLoans.com attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on SeeLoans.com is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product, you will be dealing directly with that provider and not with SeeLoans.com. SeeLoans.com recommends reading the relevant product disclosure statement or product guide before taking up any financial product offer. Please view SeeLoans.com's Terms of Use for more information.

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.

Pros and cons of a KeyPoint personal loan

Pros

  • A wide range of loan amounts
  • Same business day approval
  • No additional loan fees
  • Flexible repayment terms
  • Borrowers can skip one loan payment per year

Cons

  • Potential borrowing limits and possible interest rate are based on applicant’s credit score

Frequently asked questions

How much can I borrow from KeyPoint Federal Credit Union?

You can borrow between $500 and $25,000.

What is the minimum and maximum repayment term for a KeyPoint Federal Credit Union personal loan?

You have between 12 and 72 months to repay your personal loan.

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

Interest rates for a personal loan can range between 11.95% and 18.00%.

How do I check the status of my KeyPoint loan application?

You can view the updated status of your KeyPoint loan application within the KeyPoint online application system. You can also request a call from a Member Services Representative or communicate using the Live Chat link during operating hours.


Video: KeyPoint Credit Union: Gotcha 60

Popular personal loan searches

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.

.