Loan Rate Schedule
EFFECTIVE DATE: January 1, 2020
Rates, terms, and fees listed were accurate as of the date shown above and are subject to change without notice. All loans are subject to approval, conditions and restrictions may apply. Rates, terms, and conditions may vary based on creditworthiness and other factors. Please call any Safe 1 Credit Union office or (661) 327-3818 to obtain information regarding current rates and terms.
|LOAN TYPE||ANNUAL PERCENTAGE RATE (APR)||MAXIMUM TERM (IN MONTHS)||ESTIMATED PAYMENT PER $1,000 BORROWED|
|Auto (2016 or newer)||3.74% - 14.74%||66||$16.79 - $22.22|
|4.24% - 10.24%||75||$15.21 - $18.12|
|5.74% - 6.74%||84||$14.49 - $14.97|
|Auto (2015 or older)||3.99% - 14.99%||66||$16.91 - $22.35|
|4.74% - 10.74%||75||$15.44 - $18.37|
|5.99% - 6.99%||84||$14.61 - $15.10|
|New Motorcycles, Motorhomes, Travel Trailers||7.99% - 18.99%||180||$9.56 - $16.84|
|Used Motorcycles, Motorhomes, Travel Trailers||8.99% -19.99%||144||$11.39 - $18.38|
|SafeLine Closed||13.99% - 24.99%||60||$23.26 - $29.35|
|SafeLine Line-of-Credit||12.49% - 23.49%||REVOLVING||REVOLVING|
|Overdraft Loan||12.49% - 23.49%||REVOLVING||REVOLVING|
|MasterCard Platinum Credit Card||(%tr%span style=\'font-weight:normal\')See below(%tr%/span)||REVOLVING||REVOLVING|
|MasterCard Platinum Credit Card with Rewards||(%tr%span style=\'font-weight:normal\')See below(%tr%/span)||REVOLVING||REVOLVING|
MasterCard Platinum Credit Card: The APR will be 9.25% to 19.75%, based on the creditworthiness of the borrower when the account is opened. This APR will vary with the market based on the Prime Rate. Click here for Rate Disclosures.
MasterCard Platinum Credit Card with Rewards: The APR will be 11.25% to 21.75%, based on the creditworthiness of the borrower when the account is opened. This APR will vary with the market based on the Prime Rate. Click here for Rate Disclosures.
Paying Interest: Interest will be charged from the transaction date for all loan types listed above except for MasterCard Credit Cards. For MasterCard Credit Card purchase transactions, interest will not be charged if the entire balance is paid within 25 days of the Credit Card statement closing date. MasterCard cash advances and balance transfers will be charged interest from the transaction date.
Late Charge: Varies by loan type.
Extension Fee: An Extension Fee of $34.00 will be assessed for any approved extension request.
Security Interest: Safe 1 Credit Union will acquire a security interest for any auto or vehicle sub-account.
Payment Calculations: Payment Calculations shown are based on the lowest and highest ANNUAL PERCENTAGE RATES listed for each subject loan type.
Variable Rates: The ANNUAL PERCENTAGE RATE (APR) listed on loans indicated as REVOLVING are variable and may vary based on changes to applicable economic index, such as prime rate. All other ANNUAL PERCENTAGE RATES listed are fixed for the loan term.
Share Secured Loans: The ANNUAL PERCENTAGE RATE (APR) is fixed at 3.00% above the dividend rate on the subject deposit at time of funding, with a floor (minimum) APR of 5.00%.