All Loans > Personal Loans > Nusenda Credit Union Personal Loans Calculator
Important disclosure

Nusenda Credit Union Personal Loans Calculator & Overview

Carla Soto
Carla Soto
Updated 10 Aug 2023
Fact checked

Nusenda Credit Union logo

Nusenda Credit Union was founded in 1936, with its headquarters in Albuquerque, New Mexico. Nusenda Credit Union has assets of $3 billion, and members of more than 220,000. They offer a full range of products and services for personal banking, including personal loans, investment management, and financial planning.

You can use a personal loan, such as Nusenda Credit Union personal loan, to knock out debt, finance a big purchase, or plan the wedding of your dreams — but make sure you factor in the costs. Curious about EMIs (equated monthly installments) for the life of the loan? Let the Nusenda Credit Union personal loans calculator do the work for you.

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.

General facts about Nusenda Credit Union personal loans

As with any other lender, Nusenda Credit Union has its own set of loan features and benefits. See if any of these listed below matches your personal expectations and payment preferences:

  • Loan amount: undisclosed
  • Loan terms: between 36 to 60 months
  • Interest rates: starts at 10.50%

Requirements for a Nusenda Credit Union personal loan

You must be a member of Nusenda Credit Union to be eligible for a personal loan. Here are the criteria you must meet to become a member of Nusenda Credit Union:

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

The criteria for applicants of a personal loan from Nusenda Credit Union are undisclosed. However, here’s what lenders typically require:

  • Proof of identity (that you are 18 years of age or older)
  • Proof of residence (a recent utility bill or a copy of your lease or other rental agreement)
  • A copy of government-issued ID (e.g. driver’s license)
  • Have a minimum score of around 600 to qualify; if a higher credit score is required, you may need a co-signer or co-borrower
  • Have a debt-to-income ratio of 40% or lower
  • Evidence of steady source of income (recent tax returns, monthly bank statements, pay stubs)
  • If self-employed: provide tax returns or bank deposits

 

Nusenda Credit Union personal loan calculator

Provider
Product Information
EST Monthly
Repayment
Interest
Rate
Repayment
Period
Loan
Amounts
Sort loans by

Loan Amount

$20,000

Term

3 months

Change
Nusenda Credit Union

Nusenda Credit Union personal loans (Signature Loan)

Nusenda Credit Union personal loans (Signature Loan)
Estimated Month Repayments
$641 Inclusive of fees
Interest Rate
9.50%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
$2,000
to $20,000
Go to site
When the unexpected happens and you need some financial breathing room, Nusenda Credit Union's wide variety of personal loans (also known as signature loans) and lines of credit can offer some relief.
Featured
Wells Fargo

Wells Fargo personal loans

Estimated Month Repayments
$606 Inclusive of fees
Interest Rate
5.74%
APR
Repayment Period
12 months
to 84 months
Loan Amounts
$3,000
to $10,000
Go to site
Checking and savings accounts and credit cards for your everyday business expenses and cash management.
Featured
Eastman Credit Union

Eastman Credit Union personal loans (Shared Secured Personal Loan)

Estimated Month Repayments
$848 Inclusive of fees
Interest Rate
29.90%
APR
Repayment Period
12 months
to 12 months
Loan Amounts
$1,000
to $20,000
Go to site
ECU offers extraordinary products & services that make life just a little easier.

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 Nusenda Credit Union personal loans

Pros

  • Flexible repayment terms
  • Apply online in minutes
  • Dividends for automatic payments

Pros

  • Non-members cannot apply
  • No information on loan amount
  • High base interest rate
  • Borrower criteria is undisclosed
  • Credit/income requirements are not listed

Frequently asked questions

What are the minimum and maximum loan amounts for a Nusenda Credit Union personal loan?

There is no clear information on how much you can borrow from Nusenda Credit Union. Approved amount will be based on your credit history, income standing, and preferred repayment term.

What are the fees involved when applying for a Nusenda Credit Union personal loan?

Nusenda Credit Union did not state whether they charge application fees, prepayment penalties, and other fees for their personal loan products.

What interest rates does Nusenda Credit Union personal loan offer?

Interest rates for a personal loan from Nusenda Credit Union start at 10.50% for a 36-month term, 11.50% for a 48-month term, 12.50% for a 60-month term.

What are the repayment terms for a Nusenda Credit Union personal loan?

You have between 36 and 60 months to repay your personal loan from Nusenda Credit Union.

What number do I need to call to ask about personal loans from Nusenda Credit Union?

You can call 505.889.7755 to find out more about Nusenda Credit Union personal loans.

Video: Nusenda Credit Union – The power of we

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.

.

Seeloans.com provides factual information in relation to 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 that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see Seeloans.com’s Terms of Use and Services Guide.

© 2024 Seeloans.com