North Alabama Educators Credit Union

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LOAN RATES EFFECTIVE JULY 1, 2010

Our Automobile Loan Rates are low! Compare available rates and terms and you will see that North Alabama Educators Credit Union can save you money. Check out our rates!


For First Mortgage and Easy Equity Mortgage loan rates, please use the tabs at the left under "LOANS".

ALL RATES AS LOW AS THE FOLLOWING..
"APR" denotes Annual Percentage Rate.

SECURED LOANS:

For down payment requirements on Secured Loans, please return to the "LOANS" page.

New Vehicle:........Term to 66 months Fixed APR of 4.15%
Payment = $18.00 per $1,000 borrowed.

New Vehicle:........Term to 72 months Fixed APR of 5.15%
$22,000 or more financed.
Payment = $17.00 per $1,000 borrowed.

Used Vehicles (Actual Term based upon model year,mileage, and amount financed.)

Term to 66 months..............................................Fixed APR of 4.15%
Payment = $18.00 per $1,000 borrowed.

Term to 60 months..............................................Fixed APR of 4.15%
Payment = $19.00 per $1,000 borrowed.

Term to 54 months..............................................Fixed APR of 4.15%
Payment = $21.00 per $1,000 borrowed.

Term to 48 months..............................................Fixed APR of 4.15%
Payment = $23.00 per $1,000 borrowed.

Term to 36 months...............................................Fixed APR of 4.15%
Payment = $30.00 per $1,000 borrowed.

New or Used Motorcycles.....Term to 60 months Fixed APR of 5.75%
$10,000 & over Financed
Payment = $20.00 per $1,000 borrowed.

New or Used Motorcycles....Term to 48 months Fixed APR of 6.75%
Under $10,000 Financed
Payment = $24.00 per $1,000 borrowed.

New Boat,Motor,TL...Term to 48 months Fixed APR of 7.00%
Payment = $24.00 per $1,000 borrowed.

Used Boat,Motor,TL..Term to 48 months Fixed APR of 7.00%
Payment = $24.00 per $1,000 borrowed.

New/Used Recreational.....Term to 60 months Fixed APR of 7.50%
Payment = $21.00 per $1,000 borrowed.

New/Used Recreational.....Term to 96 months Fixed APR of 8.50%
Payment = $15.00 per $1,000 borrowed.

New/Used Recreational.....Term to 120 months Fixed APR of 9.50%
Payment = $13.00 per $1,000 borrowed.

Consumer Loans.......Term to 36 months Fixed APR of 12.00%
Payment = $34.00 per $1,000 borrowed.

REAL ESTATE LOANS: Please use the tabs on the "LOANS" page for internal real estate loan rates available.


UNSECURED LOANS:

Any Season, Any Reason Loan
Term to 12 months................................Fixed APR of 8.50%
Payment = $9.00 per $100 borrowed.

Any Season, Any Reason Loan
Term to 24 months................................Fixed APR of 9.50%
Payment = $5.00 per $100 borrowed.

Signature Loans.......Term to 60 months Fixed APR of 10.00%
Payment = $3.00 per $100 borrowed.

Overdraft Loans.......$25.00 per month..Fixed APR of 15.00%

EZ Loans.................3% of unpaid bal.Fixed APR of 15.00%


QUALIFICATIONS MUST BE MET ON ALL LOANS. RATES AND LOAN AVAILABILITY ARE SUBJECT TO CHANGE WITHOUT NOTICE. YOUR CREDIT WORTHINESS AS WELL AS OTHER FACTORS SUCH AS LENGTH OF THE LOAN AND THE VALUE OF YOUR COLLATERAL WILL DETERMINE YOUR ACTUAL LOAN INTEREST RATE. EQUAL CREDIT OPPORTUNITY LENDER.


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North Alabama Educators Credit Union