With a purchase money loan you may borrow up to the purchase price of new items
such as furniture, appliances, computers or hot tubs. We will help you select a
payment plan that fits your budget.
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Purchase Money Loans*
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(Effective: January 21, 2010)
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APR**
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Maximum Term
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| Purchase Money Loan |
7.50%
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24 |
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| Purchase Money Loan |
8.00%
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36 |
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| Purchase Money Loan |
8.50%
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48 |
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| Purchase Money Loan |
9.00%
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60 |
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*
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The rate for which a borrower qualifies may depend upon the borrower's credit score,
term of loan, down payment, and past credit performance. This rate schedule sets forth
certain conditions, rates, fees and charges applicable to your accounts at the Credit Union
at this time. The Credit Union may offer other rates or amend the rates contained in this
schedule from time to time.
- Maximum term is in months
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**
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APR refers to the minimum Annual Percentage Rate.
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