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San Diego County Credit Union Personal Loans Calculator & Overview

Carla Soto
Updated 10 Aug 2023
Fact checked

San Diego County Credit Union or SDCCU logo

San Diego County Credit Union or SDCCU was chartered in 1938 and is located in San Diego, California. SDCCU has more than 25,000 members, and assets of over $10.7 billion. They have a broad range of financial products such as loans and credit cards, mortgages and refinancing services, insurance, Certificate of Deposit (CDs), and individual retirement accounts (IRAs).

Personal loans can be beneficial if used correctly. Always double-check the amount of your monthly installments to avoid any financial troubles along the way. Interested in a personal loan from San Diego County Credit Union? Use the San Diego County Credit Union personal loans calculator to help you figure out your monthly repayments.

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 personal loans from San Diego County Credit Union

A personal loan, like one from San Diego County Credit Union, typically has lower rates than credit cards. Look at the features and benefits so you can figure out if they fit your personal expectations and payment preferences:

Listed below are the main features and benefits of a personal loan from San Diego County Credit Union:

  • Loan amounts: maximum $10,000
  • Interest rates: starting at 15.50% APR
  • Loan option: no collateral

 

Requirements for a San Diego County Credit Union personal loan

San Diego County Credit Union personal loans are available for members. If you want to join, there are many ways to qualify for membership:

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

 
San Diego County Credit Union does not have a list of eligibility requirements for potential loan applicants. However, here’s the general expectation among most lenders:

  • You are 18 years of age or older. Provide at least two forms of government-issued identification such as passport or certificate of citizenship.
  • You are a US citizen or resident. Provide a copy of a voter registration card or auto insurance that lists your address.
  • You have consistent and steady monthly income. Common forms of income verification include pay stubs, 1099 forms, or income tax returns.
  • You have a good credit standing. Aim to maintain a minimum credit score of 600. Ideally, a credit score of 700 can result in lower APRs, higher loan amounts, or a more reasonable repayment term.
  • You have a good debt-to-income ratio. Most lenders expect applicants to have a DTI ratio of 40% or lower.

 

San Diego County Credit Union personal loan calculator

Loan Amount

$20,000

Term

3 months

San Diego County Credit Union

San Diego County Credit Union personal loans

Estimated Month Repayments
Interest Rate
15.50%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
1000
to $20,000
Personal loans are funds that you borrow from a lender, such as San Diego County Credit Union, and can be used to pay for just about anything. SDCCU personal loans can help you with financial relief in a variety of different circumstances.

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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.

 

Pros and cons of SDCCU personal loans

Pros

  • Easy online application
  • Skip-a-Pay option
  • Loan modification option

 

Cons

  • No information on minimum loan amount
  • Maximum loan amount lower than those from other lenders
  • High interest base
  • Repayment terms are not listed
  • Credit score and income requirements undisclosed

Frequently asked questions

How much does SDCCU offer for its personal loans?

Qualified borrowers of a SDCCU personal loan can receive funds as high as $10,000. There is no information regarding the minimum amount an applicant can borrow.

What are my options for repaying the full loan amount from SDCCU?

Repayment terms for an SDCCU personal loan are undisclosed.

What are the potential rates for a personal loan from SDCCU?

Potential rates for an SDCCU personal loan start at 15.50%.

Can I skip a loan payment?

Yes. You qualify to skip a loan payment as long as you are in good credit standing.

What number do I need to call to ask about personal loans from SDCCU?

You can call 877.732.2848 to find out more about SDCCU personal loans.


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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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