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Loan Services
Each
application for a loan with KCFCU shall be
considered on its own merit and on the applicants'
capacity to fulfill his/her obligation. Listed
below is the credit union's policy for the amount
of money we will lend on any type loan together
with the maximum length of payments you may have to
pay back the loan. All rates and terms listed
below are subject to change without notice. If
you would like to know the current interest rate
and terms on the loans listed below, you can call
735-8331 and have any employee give you the current
loan rate.
We are happy to provide an online and a to make it easier for you to obtain the financing you need. As always, you may also call or visit our
offices to obtain a printed loan
application.
|
| Loan Type |
Description |
APR* |
Max. Amt. |
Repayment |
Conditions |
| New/Used Auto/Truck |
2000 and newer |
5.25% - 12.5% |
|
36-84 months |
New vehicles are those which have the MSO (Manufacturers Statement of Origin). Includes motorcycles licensed for street use. |
| Used Auto/Truck |
1985-1999 |
7.25% - 13.00% |
|
48-60 months |
|
| Classic Auto |
20+ years old |
8.25% - 13.50% |
$15,000 |
48 months |
100% of CPI Fair Book |
| New Recreational/Marine Vehicles/New Utilities & Cargo Trailers |
Motorhomes, travel trailers, campers |
6.50% - 12.75% |
$40,000 |
84 months |
100% purchase price |
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|
8.75% - 14.00% |
$70,000 |
120 months |
|
| New/Used Off-Road Vechicles |
Motorcycles, ATVs, Snowmobiles, Jet Skis, etc. |
8.50% - 13.75% |
$12,000 |
48 months |
100% purchase order or 100% N.A.D.A. High Book |
| Home Equity |
|
5.75% - 11.00% |
$150,000 |
144 months |
80% of equity |
Interest Rates (VISA)
* All rates are Annual Percentage Rates (APR)
| Maximum Account |
$5000 |
| Interest Rate |
12.90% |
Interest Rate
(with active checking account) |
10.90% |
| Annual Fee |
$15 |
| Cash Advance Fee |
5.0% |
| Grace Period |
25 days |
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