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

Sikorsky Credit Union Personal Loans Calculator & Overview

Carla Soto
Carla Soto
Updated 10 Aug 2023
Fact checked

Sikorsky Credit Union logo

Sikorsky Credit Union was chartered in 1948 and is headquartered in Stratford, Connecticut. They hold 1.1 billion in assets and have a membership of over 55,000. They provide a full range of financial services like free checking accounts, VISA credit cards, competitive loan rates, mobile banking, and high-yielding CDs.

If you decide to get a personal loan, like one from Sikorsky Credit Union, it’s important to manage it wisely to maintain a positive financial standing. Want to see how your EMIs (equated monthly installments) would look like? Let the Sikorsky 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.

An overview of Sikorsky Credit Union personal loans

Before taking out a loan from Sikorsky Credit Union, find out about its features and benefits. This will help you compare it with those from other lenders. The list below will show if they correspond to what you’re looking for in a personal loan:

Read on to find out about the key features and benefits of a personal loan Sikorsky Credit Union:

  • Loan amount: undisclosed
  • Loan terms: between 12 and 60 months
  • Interest rates: starting at 8.04% APR
  • Rate discount: 0.25% for automatic payments

 

Requirements for a Sikorsky Credit Union personal loan

A Sikorsky Credit Union personal loan is only available to current members and employees. If you are not yet a member, there are different ways to join. Membership is available to anyone who:

  • Lives, works, worships, or attends school in Sikorsky Credit Union recognized counties
  • Is a family member of a Sikorsky Credit Union member
  • Is a current or former employee of Sikorsky Credit Union recognized establishments, businesses, or institutions

Sikorsky 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.

Sikorsky Credit Union personal loan calculator

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

Loan Amount

$15,000

Term

3 months

Change
Sikorsky Credit Union

Sikorsky Credit Union personal loans

Sikorsky Credit Union personal loans
Estimated Month Repayments
$469 Inclusive of fees
Interest Rate
7.79%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
$1,000
to $15,000
Go to site
Whether you're building up your savings or looking for a loan with the lowest possible payment, our great rates will help you save money and achieve your financial goals.
Featured
Wells Fargo

Wells Fargo personal loans

Estimated Month Repayments
$455 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
$636 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 Sikorsky Credit Union personal loans

Pros

  • Lower starting rate compared to other credit unions
  • Skip-a-Pay option available
  • Co-borrowers allowed

Pros

  • No loan amount information
  • Credit/income requirements undisclosed
  • Available to members only

Frequently asked questions

How much does Sikorsky Credit Union offer for its personal loans?

Sikorsky Credit Union did not have any information about the loan amounts for their personal loans.

What are my options for repaying the full loan amount from Sikorsky Credit Union?

The loan from Sikorsky Credit Union can be repaid for a period between 12 and 60 months (from 1 year to 5 years).

What are the potential rates for a personal loan from Sikorsky Credit Union?

Potential rates for a Sikorsky Credit Union personal loan can start at 8.04% APR.

Can I apply for a Bank Name personal loan if I have a low credit score?

There are many factors that go into approval for a Sikorsky Credit Union personal loan. One of these is your creditworthiness, so if you have a low credit score then it might be difficult getting approved. If you want to get the best deal possible, work to improve your scores.

Where can I submit my application for a Sikorsky Credit Union personal loan?

Fill up the application form and upload the documents at Sikorsky Credit Union’s digital banking page. You can also visit any Sikorsky Credit Union branch location to submit your loan application in person.

Is a co-signer allowed when applying for a Sikorsky Credit Union personal loan?

No. Personal loans from Sikorsky Credit Union are unsecured debt, which can be approved even without collateral.

Video: Save more at Sikorsky Credit Union

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