LOAN RATES FOR ALL NEW AND USED

AUTO, RV, AND BOAT LOANS

4.50% to 18.00% APR* interest loans 24 to 48 months.
4.50% to 18.00% APR* interest loans 49 to 72 months.
5.00% to 18.00% APR* interest loans 73 to 84 months.
6.00% to 18.00% APR* interest loans 85 to 96 months.

    VALUES: Interest Rates are based on new: official factory retail price or used: NADA retail book value.
     
    ANNUAL PERCENTAGE RATES (APR) are shown above as ranges are based on certain creditworthiness criteria. Please ask us about the rate for which you qualify. The rate you receive may be adjusted for being older than the model year shown above and by the "Preferred Rate" criteria stated below. Your rate will be shown on the Disbursement Receipt given at the time of an advance.  
     
    MODEL YEAR ADJUSTMENT:
    We will add an additional 1%ANNUAL PERCENTAGE RATE (APR) to your rate if the vehicle being financed is a 1999 to 2002 model.
    We will add 2% APR to your rate if the vehicle being financed is a 1994 to 1998 model.
    We will add 3% APR to your rate if the vehicle being financed is a 1988 to 1993 model.
     
    PREFERRED RATE:
    A rate decrease of 0.10% ANNUAL PERCENTAGE RATE (APR) will be given for vehicles financed for 60% to 80% of retail value.
    A rate decrease of 0.20% APR will be given for vehicles financed for under 60% of retail value.
    A rate increase of 0.25% APR will be given for vehicles financed over retail value up to 120% of retail value.
    A rate increase of 0.50% APR will be given for vehicles financed for over 120% of retail value.
     
    GAPP insurance is required if New Vehicle loan exceeds Manufacturer's Suggested Retail Price (MSRP) or if Used Vehicle loan is above NADA retail.
    Loans over 8 years require a 5 year call or balloon to adjust rate, payment and terms.
    Extended warranties and credit insurance are not included in vehicle valuation.
*APR refers to Annual Percentage Rate. All rates are quoted as annualized rates. 
NADA refers to the latest published National Automobile Dealers Association books. Retail means the latest average retail values based on actual sales reports from new & used car dealers.
UNSECURED LOAN RATES

Line-of-Credit revolving accounts . . . 9.90% to 11.90% a.p.r.*
Rate-Locker (credit card payoff loan)  7.50% to 10.50% a.p.r.*
SHARE SECURED LOANS

Share-secured loans up to 3 years . .  4.00% to 6.00% a.p.r.*
Share-secured loans up to 6 years . .  5.00% to 7.00% a.p.r.*
VISA CREDIT CARDS

VISA CREDIT CARD . . . . . . . . . . . . . .   as low as 7.90% a.p.r.*
 
The VISA credit card Annual Percentage Rate is set annually by the board of directors.  Our credit card interest rate is risk rated. You must fill out a separate VISA application. You can obtain a VISA application with the rate disclosure information from the Northland Credit Union office. Call: (509) 466-3456 x 6.
Rates effective: May 1, 2008