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Valley Bell Credit Union also offers a variety of loan products
to meet your needs. Please note that certain restrictions and lending
criteria apply to all requests for credit and that rates posted
on this site are subject to change without notice.
Eligibility is determined by the factory list
price of the new vehicle. We may loan as much as 100% of the factory
list price (not to exceed the purchase price) for as long as 60
months. Rates vary by term and individual credit history.
Eligibility is determined by the make, model,
year (up to 7 years old), and average Black Book or NADA price
of the vehicle being purchased and used as collateral. We may loan
as much as 100% of the average Black Book or NADA value (not to
exceed the purchase price) for as long as 60 months. Rates and
terms vary by vehicle age and individual credit history.
Loans are available based on the
value allowed for the collateral offered and individual credit
history. Maximum terms and amounts vary based on the specific collateral
being used to secure the loan.
Share secured loans offer a lower interest rate than other
loans. Your share balance at Valley Bell Credit Union must remain
equal to the outstanding loan balance for the term of the loan.
The interest rate is the current dividend rate +4%. The maximum
loan amount is $25,000. The maximum term is 48 months.
Other secured loans are based on the value allowed for the
collateral offered and individual credit history. The loan will
not exceed a term of 60 months or $25,000.
The current rate(s) on unsecured loans vary by
the loan term and individual credit history. Maximum term is 36
months and maximum eligibility limit is $25,000.
Visa Credit Cards are now available thru our ongoing partnership with Elan Financial Services. Card types include Visa Signature Card, Visa Platinum Card, College Rewards Visa Card, Co-Signer Visa Card and Secured Visa Card. Card type, individual credit history and the Wall Street Journal Prime Interest Rate determine credit limits and rates.
Home Equity Loans are available as a Variable
Rate 'Line-of-Credit' Loan with the rate based on Prime + 1% or
a Fixed Rate Closed-End 'Balloon' Loan. Credit lines will not exceed
$50,000 using a 100% loan-to-value ratio. Credit lines $50,000-$100,000
are also available using a maximum 85% loan-to-value ratio. Terms
vary by the type of loan.
Mortgage loans are available with a number of competitive
options and rates to choose from. Contact a Mortgage Services Representative
at (630)620-5200 or e-mail at www.cuamerica.com for general information,
current rates, pre-approval and applications.
Credit Disability and Credit Life Insurance are available to borrowers
for a minimal monthly charge on consumer loans. |
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