New Car Loans
2008 and Newer |
(APR) |
|
2 Year |
4.00 |
|
3 Year |
4.00 |
|
4 Year |
4.20 |
|
5 Year |
4.25 |
|
6 Year (loan value of $20,000+) |
4.50 |
Car Loans
2004 TO 2007 |
(APR) |
|
2 Year |
5.00 |
|
3 Year |
5.25 |
|
4 Year |
5.50 |
|
5 year |
5.75 |
|
6 year-$20,000+ |
6.25 |
Motorcycles
|
(APR) |
|
New |
6.25 |
Older Car Loans
|
(APR) |
|
|
|
|
2001 and Older |
9.25 |
|
|
|
Mobile Home Loans
|
(APR) |
|
New, 20 Year, 2007 to 2010 |
10.00 |
|
Used, 10 Year, 2006 and older |
11.00 |
Consumer Loans
|
|
|
3 Year |
10.00 |
Signature Loan
|
(APR) |
|
3 Year |
10.00 |
Used Car Loans
2002 TO 2003 |
(APR) |
|
3 Year |
6.75 |
|
4 Year |
6.75 |
|
5 Year-loan value of $10,000+ |
6.75 |
|
Computer Loans
|
(APR) |
|
3 Year |
10.00 |
Shared Secured
|
(APR) |
|
3 Year |
+3.00 |
Boat/Camper Loans and Used Motorcycles
|
(APR) |
|
To $2,999/4 years |
8.25 |
|
$3,000 to $6,999/5 yr |
7.25 |
|
$7,000 to $12,999/5 yr |
6.25 |
|
$13,000 to $18,999/5 yr |
6.50 |
|
$19,000 and over/6 yr |
7.25 |
BOAT/CAMPER-BALLOON LOANS
FOR NEW AND UP TO 6 YEARS OLD |
|
|
$5,000 to $9,999-60 mo (96) |
6.25% |
|
$10,000 to $14,999-60 mo (120) |
6.25% |
|
$15,000 to $24,999-60 mo (144) |
6.25% |
|
over $25,000-60 mo (180) |
6.25% |
Classic Cars
|
(APR) |
|
5 Year |
8.00 |
Home Equity Loans
Fixed to $50,000 and variable, adjusted quarterly, to $50,000 |
(APR) |
|
5 Year Fixed |
5.50 |
|
10 Year Fixed |
5.75 |
|
15 Year Fixed |
6.00 |
|
Variable |
3.25 |
Other Vehicle Loans
|
(APR) |
|
2 Year New |
6.50 |
|
3 Year New |
6.50 |
|
5 Year New |
6.50 |
|
2 Year Used |
7.50 |
|
3 Year Used |
7.50 |
|
|
Risk Based Lending Scoring:
We will charge loan interest rates consistent with the probability of
default as predicted by the member's credit bureau Empirica risk score.
The risk scores range and corresponding interest rates will be set forth
in procedures approved by the President of the Credit Union.
Class A, Empirica Scores 700 and higher: use base interest rate;
Class B, Empirica Scores 650-699: use base interest rate + 1.00%;
Class C, Empirica Scores 600-649: use base interest rate + 2.00%;
Class D, Empirica Scores 599 and lower: use base interest rate + 4.00%.
Please call for further details.
All rates are subject to change without notice.
APR = Annual Percentage Rate
AUG 26, 2010
|
