Connection Credit Union Loan Rates
Effective July 13th, 2023
|Loan Type||Criteria||APR Range*||Terms|
|New Auto||0-10 model years old||7.70% to 18.65%||Up to 60 mos.|
|8.29% to 18.65%||61-72 mos.|
|8.74% to 18.65%||73-84 mos.|
|Used Auto||11+ model years old||8.99% to 19.99%||Up to 60 mos.|
|Visa||Platinum – $5K +||8.90%||No annual or tfer fee|
|Classic – Up to $10K||13.50%||No annual or tfer fee|
|Recreational Merchandise||RV- 1 to 84 mo||8.74 to 11.49%||Up to 84 mos.**|
|RV-85 to 120 mo||9.24 to 11.99%||Up to 120 mos.**|
|RV-121 to 180 mo||9.74% to 12.49%||Up to 180 mos.**|
|Motorcycles, scooters||Motorcycles, etc.||8.74 to 11.99%||Up to 60 mos.**|
|Signature Loan||Unsecured||9.99% to 17.99%||Up to 48 mos.|
|Second Mortgage||Up to 80% LTV||7.99% to 11.99%||Up to 180 mos.|
|HELOC***||Up to 80% LTV||Variable Rate***|
|Share Secured||Up to balance in acct.||Share rate + 2.00% (2.05%)||Up to 144 mos.|
|Mobile Home||Up to 85% of value||10.00% to 17.00%||Up to 144 mos.|
* APR = Annual Percentage rate. Rates based on credit, term and amount financed. Rates can change without notice. Restrictions apply.
Payment example: $10,000 loan amount @ 6.99% APR for 60 months equals payment amount of $197.96.
** Available term depends on credit, age of collateral and amount financed.
*** Variable rate based on the Prime rate plus a margin and can change semi-annually.