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Great Lakes Credit Union, Inc.: Loan Rates

* All loans fixed percentage rates, simple interest calculation
* Last updated 06/01/2008

Collateralized Loan
    New Used        
Premier "A" 720 and up 5.99 6.24        
"A" 680 to 719 6.49 7.24        
"B" 650 to 679 7.74 8.49        
"C"
620 to 649 11.24 11.99        
"D" 575 to 619 15.74 16.49        
"E" 574 and down 20.49 21.24        
(New) 2007 to 2008 up to 72 months, up to 84 months if A and over $30,000 = add 1%
(Used) 2002 to 2006 up to 60 months, up to 72months if over $15,000
(Used) 2001 and older up to 48 months
Personal Loans (from $1000 to $7500)
Credit Score
24 months 36 months 48 months 60 months    
Premier "A" 720 and up 11.99 12.49 13.49 14.49    
"A" 680 to 719 13.99 14.49 15.24 16.49    
"B" 650 to 679 15.99 16.49 17.24 18.49    
"C"
620 to 649 18.99 19.49 20.24 21.49    
"D" 575 to 619 21.49 n/a n/a n/a    
Balloon Note Auto Loan (model year 2001 and newer)
Credit Score
New Used        
Premier "A" 720 and up 5.99 6.24        
"A" 680 to719 6.49 7.24        
"B" 650 to 679 7.74 8.49        
"C" 620 to 649 11.24 11.99        
Pledge Of Shares Loan
Rate = Shares pledged + 3.5% terms up to 144 months
 

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