Loan Rates

Car and Other Vehicle Loans

Effective 02/01/2012
  APR
New Vehicles / Collateral Advances
(current year; never been titled; mileage less than 7500)
4.69% to 14.44%
Used Vehicles / Collateral Advances
(2005 – 2011 models)
5.44% to 17.49%
New Boats/Collateral Advances 4.75% to 15.20%
Used Boats/Collateral Advances 5.50% to 16.75%
New Motorcycles/Collateral Advances
(current year; never been titled)
5.70% to 14.95%
Used Motorcycles/Collateral Advances
(2008 – 2011 models)
5.95% to 15.20%

The Annual Percentage Rate you receive is determined by your credit history and other underwriting factors. Please ask a loan representative about your qualifying rate.

Payment: Your payment will be determined at the time of the advance and will be disclosed on the voucher accompanying your advance. However, your minimum payment will never be less than $25.00 per month.

Late Charge: After 15 days from the due date, the late charge will be 5% of your payment.

Collection Costs: You agree to pay all costs of collection to include 25% attorney fees, court fees, and any other expenses incurred in the collection of the amount due.
 

Discount: .25% discount off current loan APR for qualified members on “automatic loan payment.”
  .25% discount off current loan APR for qualified members who have a Connects credit card in good standing.
  (Discounts do not apply to lines of credit and credit cards.)










Ask about our “Rate Matching Policy.”