What Can Alliant Personal Loans Be Used for?
An Alliant personal loan can be used for many things, including as paying off other debt, covering unexpected bills, or making home upgrades. Rent, utilities, credit card or loan payments, business costs, or investments are not permitted with Alliant personal loans.
How Do Personal Loans From Alliant work?
To apply for an Alliant personal loan, go to the Alliant Credit Union website and click on the Borrow tab’s Personal Loans option. To apply now, click the button. You will log in and submit an application if you belong to a credit union. Alternately, if you decide to accept a loan offer, you can apply as a new member and then join the credit union. Borrowers frequently get funding and approval the same day.
What Are the Terms, Charges, and Conditions of an Alliant Loan?
A loan from Alliant might range from $1,000 to $100,000. Rates vary depending on creditworthiness, repayment capacity, and payment mode, which all affect loan approval and annual percentage rate. 12, 24, 48, or 60 months are available for repayment. For 12 and 24 months, APRs begin at 10.49%, and for 48 and 60 months, they begin at 12.49%.
If you choose to pay off a portion or the entirety of your loan early, Alliant does not charge origination or prepayment fees. But if borrowers don’t pay on time, late penalties could be charged; the amount and grace period differ.
How can you become eligible for a personal loan from Alliant?
Anyone who is an Alliant Credit Union member and satisfies its requirements for a personal loan is qualified.
If you are a current or former employee of an Alliant U.S. business partner, a domestic partner or an immediate family member of an Alliant member, or if you reside or work in a qualifying community in the Chicago area, you are eligible to join the credit union. If none of these situations apply to you, you can sign up for Foster Care to Success to qualify for Alliant membership. Alliant will cover the $5 initiation charge.
What credit score is required for a personal loan from Alliant?
A minimum credit score needed to be approved for a personal loan is not specified by Alliant. When a customer applies for a personal loan, Alliant considers a number of variables, including credit score. When determining whether to approve your personal loan, the lender will also consider your income, debt-to-income ratio, and other factors of your circumstances.
In what locations does Alliant Credit Union work?
In addition to Washington, D.C., Alliant Credit Union operates in all 50 states.
Can you trust Alliant Credit Union?
According to the Better Business Bureau, Alliant Credit Union has an A+ rating. Based on 27 reviews, Trustpilot gives Alliant a dismal rating of 1.7 out of 5 stars.
In 2022, the Consumer Financial Protection Bureau received three complaints about personal loans from Alliant Credit Union. Alliant provided prompt responses and concluded each with a justification.
What Is the Customer Service Like at Alliant Credit Union?
Call 800-328-1935 to reach customer assistance at any time. Additionally, you can connect online: On the About tab of the site of Alliant Credit Union, choose Help & Support. Click Send Us an Email on the next page after you have scrolled down.
What Are a Few Online Features of Alliant Credit Union?
A personal loan calculator is available on the website of Alliant Credit Union to assist you in calculating payments and selecting the best loan. To apply, go online.
For Whom Are Alliant Personal Loans Best?
- People looking for personal loans online between $1,000 and $100,000.
- those in urgent financial need.
- Those looking to borrow money from a credit union.