Rates effective as of 4/2/2020.
Consumer Loans (Fixed Rate)
|
FICO Score |
Up To 36 Months |
37-48 Months |
49-60 Months |
Share Secured Loans (60 Month Term) |
|
760 + |
6.00% |
7.00% |
9.50% |
3.35% |
|
700-759 |
9.00% |
10.00% |
11.50% |
3.35% |
|
650-699 |
10.00% |
11.00% |
12.50% |
3.35% |
|
600-649 |
11.00% |
12.00% |
13.50% |
3.35% |
|
550-599 |
13.00% |
14.00% |
15.50% |
3.35% |
New Auto Loans
|
FICO Score |
Up to 36 Months |
UP 37-48 Months |
UP 49-60 Months |
UP 61-72 Months |
|
760+ |
1.50% |
2.50% |
2.50% |
3.50% |
|
700-759 |
2.50% |
3.50% |
3.50% |
4.50% |
|
650-699 |
3.50% |
4.50% |
4.50% |
5.50% |
|
600-649 |
4.50% |
5.50% |
6.50% |
7.50% |
|
550-599 |
6.50% |
7.50% |
N/A |
N/A |
Used Auto Loans
|
FICO Score |
|
|
|
|
|
760+ |
4.00% |
4.00% |
4.00% |
5.00% |
|
700-759 |
5.00% |
6.00% |
7.00% |
8.00% |
|
650-699 |
6.00% |
7.00% |
8.00% |
9.00% |
|
600-649 |
7.00% |
8.00% |
9.00% |
10.00% |
|
550-599 |
8.00% |
9.00% |
10.00% |
11.00% |
Student Loan Consolidation (Variable Rate)
|
Term |
Above 800 |
Between 760-799 |
Between 700-759 |
|
5 Years |
Prime - 1.50% |
Prime - 0.50% |
Prime + 0.50% |
|
7 Years |
Prime - 1.25% |
Prime - 0.25% |
Prime + 0.75% |
|
10 Years |
Prime - 0.75% |
Prime + 0.25% |
Prime + 1.25% |
|
12 Years |
Prime - 0.50% |
Prime + 0.50% |
Prime + 1.50% |
|
15 Years |
Prime - 0.25% |
Prime + 0.75% |
Prime + 1.75% |
Student Loan Consolidation (Fixed Rates)
|
Term |
Above 800 |
Between 760-799 |
Between 700-759 |
|
5 Years |
3.5% |
4.5% |
5.5% |
|
7 Years |
4.0% |
5.0% |
6.0% |
|
10 Years |
4.5% |
5.5% |
6.5% |
|
12 Years |
5.0% |
6.0% |
6.74% |
|
15 Years |
5.5% |
6.5% |
6.74% |
Loan Length and Deferral Periods: Term of the loan is up to a maximum 180 month fully amortized loan. Interest will accrue on a daily basis.
The variable rate consolidation loans, indexed to the Prime Interest Rate, and adjusts quarterly. There is an interest rate ceiling of 8.5%. Effective 12/20/2018, prime rate is 5.5%.
Eligibility: Alumni with the credit score above 700 and D/I ratio up to 40%. Must be currently employed full time at the WUHEFCU and have at least 2 years of employment.
HELOC Rates
|
FICO Score |
HELOC 1 |
|
|
With Share Draft |
Without Share Draft |
|
741+ |
5.50% |
5.75% |
|
640-740 |
5.75% |
6.50% |
|
600 - 639 |
6.50% |
7.50% |
|
550 - 559 |
N/A |
N/A |
|
< 549 |
N/A |
N/A |
|
Maximum $ |
$50,000 to $250,000 |
$50,000 to $250,000 |
|
Check Writing |
YES |
YES |
|
Prime = 5.5% |
|
|
Fixed Home Equity
|
FICO Score |
5 years |
7 years |
10 years |
15 years |
20 Years |
|
741+ |
5.875 |
5.875% |
5.875% |
6 |
6.63% |
|
640-740 |
6.75% |
7.00% |
7.25% |
7.50% |
|
|
600-500 |
8.00% |
8.25% |
8.50% |
8.75% |
|
For consumer loans, your rate, term and maximum amount you can borrow may vary, and will be determined by your credit history and prior loan relationship with this credit union. Secured rates displayed are for a 60 month term - your rate may vary depending on the value and age of the collateral.
Late Fees - For All LoanLiner loans and Visa Credit Cards: 5% of the payment with a minimum of $26.00. Consumer loans have a 5 day grace period.
New Cars - Up to 100% of dealer invoice. Used Cars - Up to 100% of NADA book value.
* Home Equity Lines of Credit (HELOC 1) rates are adjusted quarterly based on the Wall Street Journal Prime Rate (plus a margin) 15 days before the day of adjustment. Your margin is based on your creditworthiness. The maximum adjustment is 2%. Floor Rate 5% - Maximum Rate 16%.HELOC 1 comes with check writing ability.