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Current Rates - Consumer Loans and Lines
of Credit
Stated as Annual Percentage Rates (APR)
Unsecured / Signature Loan
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12 Mos.
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24 Mos.
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36 Mos.
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48 Mos.
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60 Mos.
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Effective 02/05/08
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Effective 02/05/08
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Effective 02/05/08
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Effective 02/05/08
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Effective 02/05/08
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Rate
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10.50%
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11.00%
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11.50%
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12.00%
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12.50%
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Minimum unsecured loan amount is $1,000.00. Maximum loan amount is $5,000.00.
Present and past credit performance may effect final rate.
Home Equity Line Of Credit (Variable Rate)
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(REAP)
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Effective Date
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Loan To Value:
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80% or Less
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81 to 90%
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91 to 97%
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07/10/08
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Rate*
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5.375%
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5.625%
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6.375%
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* The rate of interest for a home equity line of credit is indexed to the one-year Treasury, constant maturity. Rate may increase or decrease quarterly as the index increases or decreases. Maximum rate is 18%. Past and current credit performance may effect final rate.
The minimum draw is $250.00 and the minimum payment, due on the 15th. of each month, is the greater of $40.00 or $2.00 per $100.00 of loan outstanding. There is a $25.00 Annual Fee.
Kwik-Cash Line Of Credit
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Open-End
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Effective 10/14/08
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APR (Fixed Rate)
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13.25%
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APR (Variable Rate)
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Prime + 3.00% = 7.50%
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The rate of interest for the variable rate Kwik-Cash Line Of Credit may fluctuate monthly.
(c) 2002 AB Credit Union. All Rights Reserved
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