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Personal Loan Review⏳ Best Long Terms

First Tech Personal Loan

First Tech Federal Credit Union

APR 6.99%–18% on loans from $500 to $50,000.

At a Glance

APR Range

6.99%–18%

Loan Amount

$500–$50,000

Term Length

12–84 months

Min. Credit Score

640

Origination Fee

None

Funding Time

1–2 business days after approval

Rates & Fees

APR Range

6.99%–18%

Origination Fee

None

Prepayment Penalty

None

Late Fee

Varies by state; confirm current terms with First Tech

Autopay Discount

0.25% APR discount for automatic payments from a First Tech account

Funding Time

1–2 business days after approval

Key Features

Membership open to employees of many tech companies and the general public via a partner nonprofit

Longer terms available (up to 84 months) than many personal loan lenders

Rate discount for existing account holders with autopay

Pros & Cons

Pros

  • Long repayment terms up to 7 years
  • Competitive rate ceiling (18% APR) versus many online lenders
  • Credit union member service model

Tradeoffs

  • Requires credit union membership (easy to join via partner nonprofit)
  • Best rates require strong credit and an existing relationship
  • Not available in all situations for non-members

How to Apply

Check your rate with First Tech Federal Credit Union — most personal loan lenders let you pre-qualify with a soft credit check that doesn't affect your credit score.

Compare the estimated APR, term, and monthly payment against at least one other lender before committing.

Gather proof of income, identification, and bank account details for the formal application.

Submit the full application directly on First Tech Federal Credit Union's site; approval typically requires a hard credit inquiry.

If approved, review the final loan agreement for the origination fee and funding time (1–2 business days after approval) before signing.

How It Compares

Current product highlighted
ProductAPR RangeLoan AmountOrigination Fee
First Tech Personal Loan6.99%–18%$500–$50,000None
LightStream Personal Loan7.24%–24.89%$5,000–$100,000None
SoFi Personal Loan6.99%–35.49%$5,000–$100,000None (optional fee for lower rate)
LendingClub Personal Loan5.96%–35.96%$1,000–$75,0000–8%

Frequently Asked Questions

What credit score do I need for a First Tech Federal Credit Union personal loan?

First Tech Federal Credit Union generally looks for a credit score around 640+ for the First Tech Personal Loan, though your actual rate within the 6.99%–18% range depends on income, debt-to-income ratio, and loan term.

Does First Tech Federal Credit Union charge an origination fee?

First Tech Federal Credit Union's origination fee is listed as "None." An origination fee is typically deducted from your loan proceeds up front, so it affects how much cash you actually receive.

How fast does First Tech Federal Credit Union fund a personal loan?

First Tech Federal Credit Union advertises funding times of "1–2 business days after approval." Actual timing can vary based on verification requirements and your bank's processing speed.

Are there prepayment or late fees on the First Tech Personal Loan?

Prepayment penalty: None. Late fee: Varies by state; confirm current terms with First Tech. Paying off a personal loan early is usually fine as long as there's no prepayment penalty, but always confirm before making a large extra payment.

How does the First Tech Personal Loan compare to other personal loans?

See the "How It Compares" table on this page for a few close alternatives side by side, or browse the full list of personal loans to compare APR, loan amount, and fees across more lenders.

Other Personal Loans

LightStream Personal Loan

7.24%–24.89% APR

SoFi Personal Loan

6.99%–35.49% APR

LendingClub Personal Loan

5.96%–35.96% APR

Rates and terms shown are illustrative as of 2026 and vary based on creditworthiness, income, and loan amount — always confirm current terms directly with the lender.

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