Auto Loans
New and Used Auto Loans are available at the Credit Union. On Approved Credit, the Credit Union will fund your Auto with the following criteria.
New Cars
The amount to be financed for the New Auto must not exceed 100% of Suggested Retail Price.
Used Cars
The amount to financed must not exceed 100% of High Kelly Blue Book.
The
following information is made available for your use as a reference
ONLY. Unless in writing we can not honor the Rate on this web page
on any future date.
Your LEVEL is determined only after careful review of your loan application, credit report and employment history.
*APR=Annual Percentage Rate*
|
|
FICO Score | Current Rate (APR*) |
| Level A+ | 720+ | 3.24% - 5.99% |
| Level A | 680 - 719 | 4.24% - 6.49% |
| Level B | 660 - 679 | 6.24% - 7.99% |
| Level C | 640 - 659 | 9.24% - 10.49% |
| Level D | 560 - 639 | 12.24% - 12.99% |
|
Level E |
Below 560 | 18.00% |
| High Risk Loans | 18.00% |
Discounts (0.25% Each), 20% Down, Payroll Deduction, and or a Term of 48 Months or Less!
Rates Effective October 1st, 2010
(Recreational
Vehicles – add 1%)
**Recreational Vehicles only