| To Help Our Members Fulfill Their Financial Needs
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 1600 N Bertrand Drive Lafayette, LA 70506 (337)261-1151 Fax: (337) 261-1397 |
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LOAN RATES
***Rates are determined by each individual’s credit history, and capacity to repay. The following rates posted below are subject to change without notice per the decision of the Board of Directors. Effective date of current rates is June 14, 2007.
Additional Interest Rate Discounts are available for Down Payments and for the use of Qualified Services. Please refer to our Loan Rate Discounts tab for more details.
*APR = Annual Percentage Rate: Is shown below in each Loan Category & Credit Rating Tier.
New Vehicles, Program Vehicles, & Motorcycles
Maximum Loan Amount: $60,000.00
Up to 100% Financing of Purchase Price
Additional Interest Rate Discounts Available for Down Payments & Use of Qualified Services: Refer to our Loan Rate Discounts tab.
|
Credit Rating |
A APR* |
B APR* |
C APR* |
D APR* |
E APR* |
|
72 Months (Vehicles Valued $25,000.00 & Greater) |
6.75% |
7.25% |
8.75% |
11.25% |
12.25% |
|
60 Months |
6.50% |
7.00% |
8.50% |
11.00% |
12.00% |
|
48 Months & Less |
6.25% |
6.75% |
8.25% |
10.75% |
11.75% |
Used Vehicles & Motorcycles
Maximum Loan Amount: $50,000.00
Up to 100% Financing of Trade-In Value per NADA/Kelly Blue Book
Additional Interest Rate Discounts Available for Down Payments & Use of Qualified Services: Refer to our Loan Rate Discounts tab.
|
Credit Rating |
A APR* |
B APR* |
C APR* |
D APR* |
E APR* |
|
60 Months - Up to 3 Year Model |
7.25% |
7.75% |
9.25% |
11.75% |
12.75% |
|
48 Months - 4 & 5 Year Models |
7.25% |
7.75% |
9.25% |
11.75% |
12.75% |
|
36 Months - Over 5 Year Models |
7.75% |
8.25% |
9.75% |
12.25% |
13.25% |
VISA Credit Card
For Beginners & Credit Rating Tiers: A, B, & C Only
|
Credit Rating |
Member Visa A APR* Maximum Limit: $10,000.00 |
Member Visa B APR* Maximum Limit: $7,500.00 |
Member Visa C APR* Maximum Limit: $3,500.00 |
Beginner Visa
APR* Maximum Limit: $1,000.00 |
Membership Organization Visa APR* Maximum Limit: $25,000.00 |
|
Open End/Revolving Credit |
8.75% |
11.75% |
13.25% |
13.25% |
8.75% |
Unsecured Loans
|
Credit Rating |
A APR*
Maximum Limit: $10,000.00 |
B APR*
Maximum Limit: $7,500.00 |
C APR*
Maximum Limit: $3,500.00 |
D APR*
Maximum Limit: $1,500.00 |
E APR*
Maximum Limit: $500.00 |
Beginner Loan APR*
Maximum Limit: $1,000.00 |
|
36 Months |
11.50% |
12.00% |
13.50% |
16.00% |
17.00% |
13.50% |
|
24 Months |
10.75% |
11.25% |
12.75% |
15.25% |
16.25% |
13.50% |
|
12 Months |
10.00% |
10.50% |
12.00% |
14.50% |
15.50% |
13.50% |
Overdraft Loan Protection
(In connection with Share Draft (CHECKING) Account)
Maximum Loan Amount: $500.00
Monthly Payment Amount: $50.00
|
Credit Rating |
All APR* |
|
Open End/Revolving Credit |
18.00% |
| To Help Our Members Fulfill Their Financial Needs
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1600 N Bertrand Drive Lafayette, LA 70506 (337)261-1151 Fax: (337) 261-1397 |
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