Current Loan Rates
| Loan Amount | Term | APR* as low as** | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| New Vehicles | ||||||||||||
| $5,000 min | up to 60 mos. | 5.75% | ||||||||||
| $15,000 min | 61 to 72 mos.~ | 6.00% | ||||||||||
| $15,000 min | 73 to 84 mos. | 7.00% | ||||||||||
| Used/Refinanced Vehicles | ||||||||||||
| $5,000 min | up to 60 mos. | 6.25% | ||||||||||
| $15,000 min | 61 to 72 mos.~ | 6.50% | ||||||||||
| Late Model Used/Refinanced+ | ||||||||||||
| $3,000 min | up to 36 mos. | 8.25% | ||||||||||
If you don’t see what you need, please contact us to discuss how we can help you.
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Includes Personal Watercraft and Snowmobiles. *Annual Percentage Rate.
Loan Amount Term APR* as low as**
$15,000 min
up to 84 mos.
9.25%
$40,000 min
85 to 120 mos.
10.50%
$40,000 min
121 to 144 mos.
11.00%
**APR is based on evaluation of applicant's credit at time of application. Your actual APR may vary. FedChoice Federal Credit Union's normal underwriting requirements apply. Not all will qualify for the lowest rate. Not all will be approved.
Loan Amounts to $35,000
| Loan Amount | Term | APR* as low as** |
|---|---|---|
| $500 min | up to 36 months | 9.75% |
| $2,000 min | 37 to 60 months | 11.75% |
| * Annual Percentage Rate ** APR is based on evaluation of applicant's credit. Your actual APR may vary. Not all will qualify for the lowest rate. Not all will be approved. | ||
| Term | VISA® Cash Back Credit Card | VISA® PLATINUM with Rewards | VISA® Share Secured |
|---|---|---|---|
| Special Features | Earn 1.00% Cash Back for every $1 you spend!~~ | Earn 1 point for every $1 you spend~ | Secured by you! |
| APR* For Purchases | Variable Rate As low as 14.50%** | Variable Rate As low as 11.50%†† | Variable Rate† currently at 15.50% |
| Method Of Computing the Balance For Purchases | Average Daily Balance | Average Daily Balance | Average Daily Balance |
| APR* For Cash Advances | Variable Rate†† | Variable Rate†† | Variable Rate† |
| Transaction Fee For Purchases | None | None | None |
| Credit Limit | $5,000 to $35,000 | $500 to $50,000 | $300 to $5,000 |
| Grace Period For Repayment Of the Balance For Purchases | You have 27 days to repay your balance before being charged a finance charge. | You have 27 days to repay your balance before being charged a finance charge. | You have 27 days to repay your balance before being charged a finance charge. |
| Annual Fee | None | None | None |
* APR = Annual Percentage Rate. APR is based on evaluation of applicant’s credit at time of application. Actual APR may vary. FedChoice Federal Credit Union’s normal underwriting requirements apply. | |||
Loan Amounts $300 to $20,000
| Loan Type | APR* as low as** |
|---|---|
| Instant Line-of-Credit (variable)† | 11.50% |
† Base rate derived from The Wall Street Journal Prime Rate plus 4%. Other tiers apply. Rate adjusted monthly. Not all will qualify for the lowest rate. Not all will be approved. * Annual Percentage Rate | |
| Loan Type | Term | APR* |
|---|---|---|
| Share Secured Loan (variable)†§ | up to 84 mos. | 3.20% |
| Amount of funds securing the loan must be in Main Share Savings Account. † Rate based on the cost of funds plus 3%. (Cost of funds is the basic savings account dividend rate for balances >= $2,500.00.) Rate adjusted semi-annually. This loan is not eligible for discounts. § Minimum loan amount $300.00/Maximum loan amount $50,000.00 * Annual Percentage Rate | ||
| Loan Type | Term | APR* as low as** |
|---|---|---|
| Gold (90% CLTV)†o | Revolving | 8.00% |
| Classic (90% CLTV)§o | Revolving | 7.50% |
CLTV = Combined Loan to Value. §Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly. The Classic Home Equity Line-of-Credit is subject to a floor of 3.50% APR. * Annual Percentage Rate | ||
| Loan Type | Term | APR* as low as** |
|---|---|---|
| 5 Year (80% LTV)†^ | 60 months | 7.50% |
| 5 Year (90% CLTV)†± | 60 months | 9.75% |
| 10 Year (80% LTV)‡^ | 120 months | 7.75% |
| 10 Year (90% CLTV)ౠ| 120 months | 10.00% |
| 15 Year (80% LTV)‡^ | 180 months | 8.00% |
| 15 Year (90% CLTV)ౠ| 180 months | 10.25% |
| 20 Year (80% LTV)‡^ | 240 months | 8.00% |
| 20 Year (90% CLTV)ౠ| 240 months | 10.25% |
| * Annual Percentage Rate ** APR is based on evaluation of applicant's credit. Your actual APR may vary. Not all will qualify for the lowest rate. Not all will be approved. Owner-occupied primary residence. 1st or 2nd lien, no pre-payment penalty. † Borrow $5,000 to $500,000. ‡ Borrow $10,000 to $500,000. ^ 1st lien Smart Choice Home Equity Fixed Rate loans are limited to a maximum loan to value of 80%. ± Not applicable to 1st liens for Smart Choice Home Equity Fixed Rate loans. | ||