Loan Rates
Not for Profit ... Not for Charity ... But for Service
Car, Truck & Motorcycle Loans
Term 24 Months 36 Months 48 Months 60 Months 72 Months 84 Months
Floor Rate 2.00% 2.00% 2.00% 2.00% 3.00% 4.00%
Age of Collateral 1. Add 1.0% to above rates on model years 2012 – 2013
2. Add 1.5% to above rates on model years 2009 – 2011
3. Add 2.0% to above rates on model years 2008 and older
4. Actual rate may be affected by applicant's credit score, according to the credit union's tiered-rate loan policy. And is not to be lower than the “Floor” rate.
Minimum qualifications for 72 & 84 month financing are: Members must have 1) have a credit score of 640 or more 2) at least 3 years on the job, to obtain a loan automobile with a 72 or 84 month maturity. Minimum loan amount is $25,000.00 or more. The credit bureau score, time on the job, and minimum balance restrictions can be waived by the loan officer if the member makes a down payment on the car of 25% or more (not to include any rebates) if, in their judgment, those factors are mitigated thereby.

Other Loan Rates
Secured by Shares 2.50% above the share rate. Maximum maturity is 60 Months.
Secured by Certificate 2.50% above the share rate. Maximum maturity is 60 Months. Certificate continues to roll.
Signature Loan 6.90% - 24 Month Max Maturity
7.90% - 36 Month Max Maturity
8.90% - 48-60 Month Max Maturity
Maximum Combined Unsecured Loan: $50,000.00
As low as 5.9% (Your rate could be higher based on your Credit Bureau Score).
The trade area for Auto Loans is the State of Ohio. Falls Catholic Credit Union does not presently finance recreational vehicles, boats, farm equipment, lawn mower tractors or livestock. All loans include a late charge after 10 days of the greater of 5% of the payment or $5. Loan rates are tiered according to individual credit qualifications.
This loan rate schedule was approved by the Board of Directors 4/26/14 and will become effective on 4/28/14.
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