Firstmark Credit Union personal loan review: Fixed rates for members

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What you need to know about a Firstmark personal loan

Firstmark Credit Union is a not-for-profit cooperative started in 1932 by teachers. Firstmark personal loans are unsecured loans that can be used to pay for a range of expenses, including vacations, car repairs, debt consolidation, home improvement projects and more.

Who is a Firstmark loan good for?

If you qualify for Firstmark Credit Union membership, taking out a Firstmark loan may be a good way to cover a small or large expense.

A Firstmark personal loan could also be good for consolidating credit card debt as long as you can secure a lower rate on the loan than what you’re currently paying on your credit cards.  

One caveat, though: If you have strong credit, you should shop around elsewhere before going with a Firstmark Credit Union personal loan. That’s because the lowest interest rates available at Firstmark Credit Union are higher than some rates you may be able to qualify for with other lenders.

*Approval Odds are not a guarantee of approval. Credit Karma determines Approval Odds by comparing your credit profile to other Credit Karma members who were approved for the personal loan, or whether you meet certain criteria determined by the lender. Of course, there’s no such thing as a sure thing, but knowing your Approval Odds may help you narrow down your choices. For example, you may not be approved because you don’t meet the lender’s “ability to pay standard” after they verify your income and employment; or, you already have the maximum number of accounts with that specific lender.


About the author: Taylor Medine is a freelance writer who’s covered all things personal finance for the past seven years. She enjoys writing financial product reviews and guides on budgeting, saving, repaying debt and building credit. … Read more.