Current Loan Rates
Everyone's Federal Credit Union is an equal opportunity lender.
Excluding organizations, any member of this credit union, 18 years
or older, is eligible for obtaining a loan within the guidelines
of the overall policy.
We offer a Risk-based Pricing loan product. This means loans will
be classified into 6 grades. Grade "A+" being the best
credit grade available. Interest rates will vary based on
the credit grade. "A+" credit grade will be charged the
lowest interest rates and "E" credit grade will be charged
a higher interest rate. This way of lending allows us to help members
even if a member's credit has a few imperfections.
All credit union loans are simple interest rates. Loans are made
at competitive rates in accordance with policies established by
the Board of Directors. Loans are granted on credit history, beacon
score, need and the ability to repay. Interest is applied to the
unpaid balance each time a payment is made.
We must have current application information and your last paystub
with each loan request.
Currently, we offer the following:
- Signature/Personal - member simply signs loan documents.
- Share Secured-member uses money in share accounts to secure
loan.
- Share Certificate Secured-member uses share certificate to secure
loan.
- New Vehicle
- Used Vehicle
- Recreational Vehicles
- Mobile Home Title Loans
- Real Estate
We also offer:
- Pre-approvals
- Credit Life Insurance
- Disability Insurance
- Gap Insurance
- Mechanical Repair Coverage
Special Loan Sale Promotions are offered
throughout the year.
| Current
Loan Rates - Effective May 1 thru June 30 2010
These Interest Rates are Based on "A+" credit grade. |
|
Interest
Rates will vary based on a
member's credit grade-A+, A, B, C, D or E |
| Auto, Recreational
|
New
12 -72 months |
RATES AS LOW AS
3.99% - 5.49% APR* |
| |
|
One Year/Program
|
RATES AS LOW AS
APR* |
| |
|
UV-2-5 year models
36-72 months |
RATES AS LOW AS
6.50% - 7.50% APR* |
| |
|
6-10 year models
24-54 months |
RATES AS LOW AS
7.75% - 8.75% APR* |
| |
|
UV 11-Over
24-36 months |
RATES AS LOW AS
8.00% - 8.75% APR* |
| |
|
Over Classic $15,000.00 old
|
RATES AS LOW AS
8.25% APR* |
| |
|
OD Line of Credit
Rate (Limits Not Available)
OD Line of Credit-Checking
Overdraft Protection |
| OD Line of Credit |
RATES AS LOW AS
APR* |
| |
|
| Signature Loans
Based on One (1) Month Gross Income |
Up to 36 months
(Minimum Signature
Loan ) |
RATES AS LOW AS
8.99% APR* |
| Loans Will Be Set Above Last Dividend Paid
Rate |
| |
|
| Share Secured |
| 36-72 months |
RATES AS LOW AS
3-5% APR* |
1. Share Certificate Secured Loans Will Be
Set Above Dividend Rate for the Term of the CD.
2. Once the Share Certificate Matures the Loan Will be Renewed
at the New Rate.
3. All Interest Rates Are Subject to Change Without Notice Based
on Current Market Factors. |
| Mobile Home Value |
NEW 2010
48-120 months |
RATES AS LOW AS
7.00% - 8.75% APR* |
| |
|
2-5 yr model
48-96 months |
RATES AS LOW AS
7.50% - 9.00% APR* |
| |
|
6 - 10 yr model
49-96 months |
RATES AS LOW AS
8.00% - 9.50% APR* |
| |
|
11 -15 yr model
48-84 months |
RATES AS LOW AS
10.50% - 11.00% APR* |
| |
|
16 - 20 yr model
48-72 months |
RATES AS LOW AS
12.25% - 12.50% APR* |
| |
|
Over 21 years and over old
36-60 months |
RATES AS LOW AS
12.75% - 13.00% APR* |
*APR is the Annual Percentage Rate
All Interest Rates Are Subject To Change Without Notice Based on
Current Market Factors.
This page is intended as an advertisement and an information
sheet and is not a disclosure. If you wish further disclosures,
please contact the loan department @ 575-461-0433 Press 2. |
