With more than $17 billion in assets, Alliant Credit Union is one of the biggest credit unions in the country and has been serving members for more than 85 years. To its 700,000+ customers nationwide, it provides a comprehensive array of financial services and affordable products. The company promotes its products and services on alliantcreditunion.org.
- 25th best financial firm, USA (INC Magazine)
- Minimum Debt $10,000
- No Minimum Credit Score
- $3 billion+ debt resolved
- BBB A+ Rating
- Minimum Debt $7,500
- No Minimum Credit Score
- $500 million debt resolved
Summary
Do you need a personal loan but don’t know where to start? Alliant Credit Union may have caught your attention, and you’re wondering if it’s the best credit union for you. Thus, we take a closer look so that you can decide for yourself whether or not this company is appropriate for you.
We discovered some intriguing information as a result of our examination into their website and terms and conditions.
Just a few of the items that caught our eye are listed below.
- Non-members and members who have not been established for at least 90 days are not eligible for loans.
- The rates for personal loans range from 10.49% to 12.49%.
- It provides loans ranging from $1,000 to $50,000.
- The terms range from 1 to 5 years.
- Without the option for automatic payments, APR may be 0.4% higher.
- Rates, terms, or conditions could change.
Alliant Credit Union: What is It?
All of the members and owners of Alliant Credit Union are unique non-profit financial cooperatives. One of the biggest and oldest credit unions in the country is Alliant Credit Union. It has approximately $17 billion in assets and has been servicing its members for more than 85 years. Alliant provides its 700,000+ members around the nation with a wide selection of competitive products and services.
The Better Business Bureau has awarded Alliant Credit Union an A+ rating, making it one of the finest financial institutions. Since they were recognized in 2004, they have had 130 complaints resolved and on average 56 customer reviews.
The company’s main office is located at 11545 W Touhy Ave in Chicago. The phone number to reach them is (773) 462-2000.
How Does This Company Work?
Applying for an Alliant Personal Loan is quick and simple, and you can frequently acquire the money you require the same day. These unsecured signature loans are a fantastic choice when you require more funds because no collateral is necessary.
Using personal loans from Alliant to pay off other debt, cover unexpected bills, or finance home improvement projects can help you take control of your finances.
How To Qualify For Alliant Credit Union
Non-members and new members who have not been established for at least 90 days are not eligible for Alliant Credit Union loans. When a member has been a member for at least 90 days, they are considered to be established.
In addition, a number of variables, including credit score, employment history, and monthly income, affect loan acceptance and APR. The greater your credit score, the more likely it is that you will be granted a low APR.
Alliant Credit Union Reviews
The Better Business Bureau rates Alliant Credit Union as a top financial institution. They have been recognized since 2004 and have an A+ rating. They get 56 customer reviews a year on average. However, 130 complaints with a 1-star out of 5-star rating were made against them in the last three years.
See If You Qualify for Credit Card Relief
See how much you can save every month — plus get an estimate of time savings and total savings — with your very own personalized plan.
Here are some reviews:
Usha C. 09/03/2022
Mike N. 06/27/2022
Brad T 09/10/2021
FAQs
How Much Does Alliant Credit Union Cost?
You can reduce interest and costs when you set up automated payments for your Alliant loan. Keep in mind that prices, terms, and conditions could change at any time without prior notice.
For example, the monthly payment for a $1,000 loan with a 10.49% interest rate over a 12-month term would be $88.14.
This is only an estimate; depending on your specific loan conditions and any special qualifying rates, your actual payment may differ. Additionally, keep in mind that rates will be 1% higher when refinancing an existing Alliant loan.
Is There A Pre-Payment Penalty?
There are no prepayment fees at Alliant Credit Union for people who decide to pay off their loan earlier than initially planned.
How Does This Company Affect Your Credit?
Your credit score won’t be impacted by checking your rate. However, if you decide to proceed with a loan after seeing your rates, a full credit report query will be necessary. This will be shown as a hard pull and have an impact on your credit. This kind of query can lower your credit score and is visible to outside parties.
How To Cancel Alliant Credit Union
Before accepting a loan from Alliant Credit Union, it’s crucial to be informed of all the terms and circumstances attached to it. It is important to be sure a loan is the appropriate decision for you before moving forward since once you receive the money, you cannot cancel or reverse the loan.
Are you having financial difficulties? Here are some tips that could aid in getting you back on track.
You can take a few steps to ensure that you don’t spend more than you can afford.
- A wonderful method to keep on track is to make and adhere to a budget.
- Another choice is to consult a financial expert, who can explain your alternatives and help you create a strategy that fits your particular situation.
- Finally, if you already have debt, try not to worry too much. Many businesses are open to collaborating with clients to develop a more affordable payment plan. Contact their customer service department to learn more.
Alliant Credit Union: Is It Legit?
An established financial organization, Alliant Credit Union has assets worth over $17 billion. It is one of the biggest credit unions in the US, with its headquarters in Illinois. It has an A+ rating and, since 2004, Alliant Credit Union has been accredited by BBB.
Although Alliant Credit Union has an average of 56 customer reviews, 130 complaints have been resolved in the past three years. There are now almost twice as many complaints as reviews. And 59 of those complaints were resolved in the past year alone.
It’s crucial to compare your options and compare rates before deciding to take out a loan. Before making a choice, make sure to check user reviews so that you can select the finest alternative for you. In this manner, you can stay away from borrowing money that you cannot afford.
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Alliant Credit Union Review
Alliant Credit Union is a reputable financial institution with assets totaling over $17 billion. With its corporate headquarters in Illinois, it is one of the largest credit unions in the US. Alliant Credit Union has an A+ rating and has been accredited by the BBB since 2004. Â
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