Federal credit unions offer general - purpose secured loans with maximum interest rates of 18 % annually while online lenders can charge as much as 36 %. (debt.org)
For example, federal credit union law permits credit unions to offer minor accounts, but credit unions commonly still require joint accounts with a parent or guardian. (sapling.com)
Federal credit unions offer a maximum rate of 18 % APR to their members, although there may be extra application fees. (nerdwallet.com)