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| Title: | DCU |
| Notice: | 1996 BoD Election results in 1004 |
| Moderator: | CPEEDY::BRADLEY |
|
| Created: | Sat Feb 07 1987 |
| Last Modified: | Fri Jun 06 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1041 |
| Total number of notes: | 18759 |
527.0. "OFFICIAL DCU POSTING: DCU REDUCES LOAN RATES" by SMAUG::GARROD (An Englishman's mind works best when it is almost too late) Fri Apr 17 1992 14:42
From: NAME: DCU
FUNC: CREDIT UNION
TEL: 223-6735
DCU REDUCES LOAN RATES
DCU has reduced New and Used Vehicle loan rates. Rates are
available as low as 6.9% APR and a downpayment is no longer
required. Financing is available up to 100% of the vehicle
purchase price or the book value, whichever is lower.
Also, interest rates on the following loans have been reduced:
Personal, VISA, Personal ADVANTAGE Credit Line, Stock, Share
Secured and CD Secured.
If you have any questions or would like a loan application,
please call our Member Service Center at DTN/223-8444 or
508.493-8444.
Below is a list of DCU's new loan rates.
-------------------------------------------------------------------------------
DCU Loan Rates - April 13, 1992
Annual Rate (%) Terms Amount Financed
Fixed Loan (months) ** (%) ****
-------------- --------------- --------- ---------------
New Vehicle 6.90 * 12 100
7.75 * 24 100
7.90 * 36 100
8.50 * 48 100
8.75 * 60 100
9.25 * 72 100
Used Vehicle *** 6.90 * 12 100
7.90 * 24 100
8.90 * 36 100
9.50 * 48 100
9.75 * 60 100
New Motorcycle 11.50 * 12-36 80
Used Motorcycle *** 12.50 * Up to 36 80
* Based on automatic payment methods (loan drafting or payroll deduction)
for full term of the loan. Add .5% if other than automatic payment.
** Based on loan amount and approved credit.
*** Vehicle must be paid in full before it become 10 years old.
**** The lower of 100% of purchase price or book value.
Consumer Loans APR (%) Revolving Loans APR (%)
-------------- ------- --------------- -------
Personal 16.50 * VISA Credit Card 13.90
Computer 13.00 * (for avg. daily balances of
Share Secured 6.50 $2500 or more in billing cycle)
Stock Secured 11.50 * VISA Credit Card 15.50
Certificate Secured 2.50 (for avg. daily balances less
(above base CD) than $2500 in billing cycle)
Personal ADVANTAGE 15.50
Credit Line
* Based on automatic payment methods (loan drafting or payroll deduction)
for full term of the loan. Add .5% if other than automatic payment.
o Revolving lines of credit may change any time.
o Consumer loan rates carry a fixed annual percentage rate. This means that
your rate will remain the same for the term of the loan.
o For information about Student Loans, First Mortgage programs, or Home
Equity programs, call DTN 223-6735.
| T.R | Title | User | Personal
Name | Date | Lines
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