Fusion Credit Union offers an unparalleled range of loan amounts, catering to both individual small needs and large-scale business investments. The flexibility in loan terms, spanning one to 25 years, ensures borrowers can choose a repayment period best suited to their financial situation. With competitive starting APRs, the opportunity for a beneficial deal exists, although potential borrowers should be wary of the higher APRs, even if their maximum APR of 10% is not as high as some of their competitors. The credit union’s commitment to the personal touch with daily human contact and the inclusion of modern features, like online applications and a mobile app, make its borrowing process both personal and convenient.

Pros

• Extensive loan amount range catering to diverse needs
• Long-term loans available up to 25 years
• No penalties for prepayments, offering repayment flexibility

Cons

• Potential for very high APRs, going up to 10%
• Absence of 24/7 customer support may be a drawback for some
• Unclear turnaround time

Additional Details

Eligibility: Fusion Credit Union offers a broad spectrum of loan options without mandating a minimum credit score. The ability to include a co-signer or co-borrower further enhances the accessibility of their loans across different financial profiles.

Loan Uses: With the capability to lend up to $10 million, Fusion Credit Union can support various financial requirements, from personal needs like debt consolidation and home renovations to substantial business expansions or acquisitions.

Turnaround Time: Specific turnaround time details are unavailable, but the online application system might expedite the loan processing time. Prospective borrowers should enquire about the estimated waiting period.