MCSEFCU Loan Rates

Macon County School Employees
Federal Credit Union

LOAN RATES
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ALL RATES SUBJECT TO CHANGE.

You Can Now Get A Printable Electronic Loan Application From Our Website - CLICK HERE

**AUTO LOANS:**
Auto Guidelines: (Used vehicles per NADA Used Car Guide) New or used vehicles rates also good for refinancing from other institutions. Extended terms are available on a case by case basis. NOTE: These Are Our Best Rates! Your rate may vary. Contact the credit union for more information.
*NOTE: apr = Annual Percentage Rate
Age Of Vehicle	Up To 36 Months	Up To 48 Months	Up To 60 Months
2008 to 2010 New or Used Vehicles	4.50% apr 4.50%	4.90% apr 4.90%	5.10% apr 5.10%
2006 & 2007 Used Vehicles	5.00% apr 5.00%	5.40% apr 5.40%	6.00% apr 6.00%
2004 & 2005 Used Vehicles	5.50% apr 5.50%	5.75% apr 5.75%	6.50% apr 6.50%
2002 & 2003 Used Vehicles	6.00% apr 6.00%	6.50% apr 6.50%
2001 & Older Used Vehicles	7.75% apr 7.75%	8.25% apr 8.25%
If extended terms are needed, rate is increased 0.50%

**SHARE SECURED & SIGNITURE LOANS:**
*NOTE: apr = Annual Percentage Rate
Share Secure Loans:	3.25% apr 3.25%
Signature Loans:	9.95% apr 9.95%	for 36 months
	10.75% apr 10.75%	for 48 months
	11.50% apr 11.50%	for 60 months
Signature Loan Maximum Balance: $10,000

**NEW CERTIFICATE OF DEPOSIT SECURED LOAN PROGRAM**
Members with CD's can use their CD's as collateral for a loan. This program rewards good credit union savers. Please call or stop in for details on how we can help you save money. The rate is determined by your CD rate. For example: if your CD rate is 6.00% on 12 months, your loan rate would be 8.00% for 12 months for no more than the amount of the CD. This loan is renewable.


VISA CARD LOANS:	8.90%	for Existing Accounts
VISA Loan Maximum Balance: $10,000
New VISA Regular Rates - effective January 1st 2004 10.95% - non-special rate 13.95% - three or more late payments in a 12 month period

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