Applying for a loan w/ Andrews Federal Credit Union?
Whether you're applying for an auto, mortgage, or personal loan, Andrews Federal Credit Union has extremely competitive rates. The problem? You need great credit to get those loan terms (if you want your best rates). Your first step to determine if you're eligible for top-tier rates is to pull your Credit Report.
You can review your Credit Report and find every inaccurate (and can potentially get removed), or contact a Credit Repair company, like Credit Glory, to walk you through that entire process.
You can schedule a free consultation with Credit Glory, or call one of their Credit Specialists, here ((833) 412-6805 ➔).
Andrews Federal Credit Union vs. Major Banks
The short answer is... it completely depends (and your mileage may vary!). Not all Credit Unions are good. Not all banks are bad. Credit Unions, like Andrews Federal Credit Union, are great for high CD rates & low interest loans / credit cards. The trade off? They're not as good because their resources, generally, are more limited for website services, apps, etc.
Credit Unions, as member owned organizations, aren't trying to make a profit. It's that simple. Of course, like any other not-for-profit, some are run well. Others? Not so much. The ultimate goal? Benefiting their members and maximizing their experience. Andrews Federal Credit Union is a good example of a relatively well-run Credit Union. Their fees are minimal, their rates for all loan types are good, too.
Keep in mind, you'll have to apply for a membership to get accepted. This means they'll most-likely review your Credit Report & determine if you're eligible. We recommend speaking with a Credit Repair company, like Credit Glory, to understand how you can potentially improve (and fix) your Credit Score (before you apply for your Credit Union membership).
Banks, on the other hand, are in-it to make a profit. Generally, this means higher fees (on average). Banks also generally don't focus on the community the same way Credit Unions do. Credit Unions have memberships, while banks are generally open to anyone, anywhere. The primary pros of banks are generally better business services that are tailored to individual situations in a more comprehensive way. Also, if you plan to travel internationally, you save a lot of headache with a major bank account (and credit card).
What Is Andrews Federal Credit Union?
Andrews Federal Credit Union (AFCU) is a lender based in Suitland, MD. Is your score a bit too low for a line of credit AFCU? Check your credit report for any inaccurate items, & then dispute them with help from an expert — like Credit Glory.
Andrews Federal Credit Union Secured Credit Card Approval Odds
Your approval odds for a secured line of credit with Andrews Federal Credit Union (AFCU) depend on what you have to secure your funding. Do you want to utilize credit-based lending, but your score is too low? Try checking your report for inaccurate info and, if you find any, team up with an expert like Credit Glory to dispute it!
Andrews Federal Credit Union Cd Rates
The interest rates for CD's with Andrews Federal Credit Union (AFCU) fluctuate over time. The best way to ensure a great rate is with a great credit score. If yours is a little low, look for any inaccurate items on your report then, if you find any, dispute them with help from an expert (like Credit Glory).
What Credit Bureau Does Andrews Federal Credit Union Use?
West Asset Andrews Federal Credit Union can use any of the 3 major bureaus — TransUnion, Equifax, or Experian. What can you do if one report is a little low? Look for any inaccurate items then, if you find any, dispute them with help from an expert (like Credit Glory).
Andrews Federal Credit Union Main Office
- ADDRESS: 5711 Allentown Rd
- CITY, STATE ZIP CODE: Suitland, MD 20746
- COUNTRY: United States
- COUNTY: Prince Georges
- PHONE: 800-487-5500
- WEBSITE: http://www.andrewsfcu.org
- CEO/MANAGER: James Hayes
Andrews Federal Credit Union History & Information
- CREDIT UNION NAME: ANDREWS FEDERAL CREDIT UNION
- CHARTER NUMBER: 5754
- CREDIT UNION TYPE: FCU
- CREDIT UNION STATUS: Active
- CORPORATE CREDIT UNION: No
- CREDIT UNION CHARTER YEAR: 1948
- CURRENT CHARTER ISSUE DATE: 17533
- DATE INSURED: 25937
- CHARTER STATE:
- REGION: 1 - Eastern
- FIELD OF MEMBERSHIP TYPE: Multiple common bond - primarily military
- LOW INCOME DESIGNATION: Yes
- MEMBER OF FHLB: Yes
- ASSETS: 2292435989
- PEER GROUP: 6 - $500,000,000 and greater
- NUMBER OF MEMBERS: 134032