Consumer Loan Rates

Consumer Loan Rates

Fixed percentage rates, simple interest calculation.
Last aated 5/15/17

Collateralized Loan (Automobiles, Motorcycles, ATVs) – (0.25% lower with payment deducted from GLCU checking account)
Credit Score %(APR) Annual Percentage Rate- New %(APR) Annual Percentage Rate- Used
Premier “A” 740 and up 3.99 3.99
“A” 700 to 739 4.24 4.24
“B” 670 to 699 5.99 5.99
“C” 640 to 669 9.99 9.99
“D” 600 to 639 14.99 14.99
“E” 599 and down 21.24 21.24
(New) 2015 to 2017 up to 72 months, up to 84 months if A and over $30,000 = add 1%
(Used) 2011 to 2014 up to 60 months
(Used) 2009 and older up to 48 months
Collateralized Loan (Boats & RVs)
Credit Score %(APR) Annual Percentage Rate- New %(APR) Annual Percentage Rate- Used
Premier “A” 740 and up 5.99 5.99
“A” 700 to 739 5.99 5.99
“B” 670 to 699 7.99 7.99
“C” 640 to 669 10.99 10.99
New & Used 2009 – 2017
RVs: Up to 120 Months Depending On Loan Size
Boats: (2016-2015 up to 72 mos) (2011-2014 up to 60 mos) (2008-2010 up to 48 mos)
Personal Loans (from $1000 to $7500)
Credit Score 24 Months 36 Months 48 Months Loan Limit
Premier “A” 740 and up 11.99 12.49 13.49 $7500
“A” 700 to 739 13.99 14.49 15.24 $7500
“B” 670 to 699 15.99 16.49 17.24 $5000
“C” 640 to 669 18.99 19.49 20.24 $2500
“D” 600 to 639 21.49 n/a n/a $1000
Secured By Savings Pledge Loan
Rate = Savings Rate + 3.5% terms up to 144 months

Here at Great Lakes Credit Union, we believe in being as transparent as possible. Above you will find our loan rates, which are updated frequently to provide the most up to date information. While the loan rates listed above should only be used for general reference purposes and do not guarantee approval, we do go the extra mile by listing rates based on credit ratings and other important details.

Stop by one of our two convenient locations to check out the benefits of receiving a loan through Great Lakes Credit Union.

Find out more about your credit score here:
FICO
Check the value of your car here:
nada
Order a copy of your credit report here:
Equifax

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