h1
RATES
The maximum amount a member is allowed to borrow m ay be reduced if the member's credit report
shows unp aid debts, excessive l ate payments, and/or collection accounts.
All loan advances over $7,500 must be secured 100% by shares.
table-caption
| FICO 700 and higher |
12% |
| 651-699 |
15% |
| 575-650 |
17% |
| Less than- 575 |
18% |
THE APR FOR 100% SHARE-SECURED LOANS IS 6.00%
table-caption
| Loan Amount |
Maximum Term |
| Upto $2,000 |
2 years |
| $2,001 - $3,500 |
3 years |
| $3,501 - $5,000 |
3 years |
| $5,001- $7,500 |
5 years |
| Part-time/Recruits |
2 years |
