B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Recent
42%
42% -- application completion rate for credit union personal loan applicants (2025)
The average online personal loan application completion rate at credit unions is 42%.
- Data compiled across dozens of installs of the same LOS across credit union clients
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
42%
Unit
Percentage
Data Vintage
2025
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Geear.io
Primary
Tier B
https://www.geear.io/blog/what-is-the-average-loan-application-completion-rate ↗
Source Article
What Is The Average Loan Application Completion Rate?
Formerly WebStrategies, Inc.
Chris Leone
Nov 3, 2025
When someone starts a loan application, that’s a strong signal of intent. They’ve chosen your credit union enough to take the first step, but many of them never finish the process. That drop-off moment (starting an application but not completing) …
Original Research
Geear.io
· Original study ↗
Methodology
Across dozens of credit unions
Methodology documented
Segmentation
Industryfinance
Cite this stat
Plain Text
credit union personal loan applicants: 42% application completion rate. Source: Geear.io (2025). Via Lighthouse Intelligence -- https://lighthousedata.io/data/personal_loan_completion_rate
HTML Embed
<blockquote cite="https://lighthousedata.io/data/personal_loan_completion_rate" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>42%</strong> -- application completion rate for credit union personal loan applicants<br><small>Source: Geear.io (2025) · <a href="https://lighthousedata.io/data/personal_loan_completion_rate" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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