Credit unions can often be the least expensive option for a personal loan as annual percentage rates for federal credit unions are capped at 18 %. (valuepenguin.com)
For federal credit unions, the interest rate is capped to a maximum of 18 % on personal loans. (valuepenguin.com)
Under federal credit card regulations, your payments in excess of the minimum must go toward your highest - interest balance first. (nerdwallet.com)