No. of Recommendations: 3
Brett257,

You wrote, By the way I found a credit union...Fort Worth Telco, that I can join because my mom retired from Southwestern Bell. Their signature loan rate is 9.99%. Could I get approved for this loan with a Fico score of 715 or above. Not that ya'll would actually know, but would it be more likely to get approved then with say a 685 that I currently have.

Does Fort Worth Telco Credit Union ( http://www.ftworthtelco.org/ ) have a branch physically close to you? Setting up the loan would be quickest if you could drop by a branch with a loan officer.

Actually, I don't see where you get the 9.99% APR from Fort Worth Telco CU. Here's the the applicable section from their web site:

UNSECURED LOANS 13.25% APR
LINE OF CREDIT 14.50% APR

It does look like credit cards from FWTCU start at 9.99% APR though. Here's their rate page: http://www.ftworthtelco.org/prodserv/rates.html

Are you still in the Collin county (Plano) area? I make that assumption because of your profile.

I think you might do better than FWTCU. Personally, I wasn't too impressed with their rate schedule. I use Texans Credit Union ( http://www.texanscu.org/ ) and have had nothing but good service from them. Texans services most of North Dallas and its outlying suburbs ( http://www.texanscu.org/Serve.htm ).

You might also try Community Credit Union. They also have great rates and fairly convenient locations. While their service area is slightly more restrictive than Texans, they will accept members from just about anywhere in Dallas county or any of the surrounding counties, except for Tarrant.

You might also want to investigate other credit unions in your area. Here's a list of state-chartered credit unions ( http://www.tcud.state.tx.us/PDF%20Files/branches.pdf ) in Texas. Here's another list with proper links ( http://www.tcul.coop/index.asp?SEC={7DAF574C-9EA9-4997-B410-C1D566F5E750}&type=B_BASIC ). And here's a page that will try to match you to a credit union ( http://www.howtojoinacu.org/ ). Finally, here's a directory of all federally insured credit unions in the United States ( http://www.ncua.gov/data/directory/2002CUDirectory.pdf ).

- Joel
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