When you’re looking for excellent rates on loan products, look no further – Peabody Municipal FCU has the competitive rates you’re looking for.
Effective Date: 10/01/2020
| Type of Loan | APR* | Per $1,000 | Max Term | Max Amount |
|---|---|---|---|---|
| Signature Loan | 11.00% | 88.41 | 1 year | $10,000 - $15,000** |
| Signature Loan | 12.00% | 47.09 | 2 years | $10,000 - $15,000** |
| Signature Loan | 13.00% | 33.71 | 3 years | $10,000 - $15,000** |
| Signature Loan | 14.00% | 27.34 | 4 years | $10,000 - $15,000** |
| Signature Loan | 14.50% | 23.55 | 5 years | $10,000 - $15,000** |
| Credit Card Consolidation | 10.40% | 46.35 | 2 years | $10,000 - $15,000** |
| Credit Card Consolidation | 11.40% | 32.94 | 3 years | $10,000 - $15,000** |
| Credit Card Consolidation | 12.40% | 26.55 | 4 years | $10,000 - $15,000** |
** For "A" and "B" credit only. *APR = Annual Percentage Rate
| Type of Loan | APR* | Per $1,000 | Max Term | Max Amount |
|---|---|---|---|---|
| Share Secured | 4.00% | 85.16 | Min. $25/1000 monthly payment | 95% of Share Balance |
Deduct 1.00% for any loan which is repaid via automatic payroll deposit and deduction. *APR = Annual Percentage Rate
| Type of Loan | APR* | Per $1,000 | Max Term | Max Amount |
|---|---|---|---|---|
| Newer Cars & Trucks 2017 - 2020+ |
4.99% | 43.87 | 2 years | 100% of book value to max of sales price |
| Newer Cars & Trucks 2017 - 2020+ |
5.49% | 30.20 | 3 years | 100% of book value to max of sales price |
| Newer Cars & Trucks 2017 - 2020+ |
5.99% | 23.49 | 4 years | 100% of book value to max of sales price |
| Newer Cars & Trucks 2017 - 2020+ |
5.99% | 19.33 | 5 years | 100% of book value to max of sales price |
| Newer Cars & Trucks 2017 - 2020+ |
5.99% | 16.57 | 6 years | 100% of book value to max of sales price |
Deduct 1.00% if the vehicle is new and has NOT been previously registered. Take an additional 1.00% off the rate listed if the loan is repaid via automatic payroll deposit and deduction. *APR = Annual Percentage Rate
| Type of Loan | APR* | Per $1,000 | Max Term | Max Amount |
|---|---|---|---|---|
| Used Car & Trucks 2014 - 2016 |
5.00% | 43.88 | 2 years | 90% of book value |
| Used Car & Trucks 2014 - 2016 |
5.50% | 30.20 | 3 years | 90% of book value |
| Used Car & Trucks 2014 - 2016 |
6.00% | 23.49 | 4 years | 90% of book value |
| Used Car & Trucks 2014 - 2016 |
6.50% | 19.57 | 5 years | 90% of book value |
Deduct 1.00% for any loan that is repaid via automatic payroll deposit and deduction. *APR = Annual Percentage Rate
| Type of Loan | APR* | Per $1,000 | Max Term | Max Amount |
|---|---|---|---|---|
| Older Used Cars & Trucks 2011 - 2013 |
6.25% | 44.44 | 2 years | 80% of book value |
| Older Used Cars & Trucks 2011 - 2013 |
7.25% | 31.00 | 3 years | 80% of book value |
| Older Used Cars & Trucks 2011 - 2013 |
8.25% | 24.54 | 4 years | 80% of book value |
Deduct 1.00% for any loan that is repaid via automatic payroll deposit and deduction. *APR = Annual Percentage Rate
Credit Rating Discounts on ANY Loan product - "A" = 1.50% "B" = 1.00%.