iQ Credit Union

Loans

{ Loan Rates }

Rates are effective January 1, 2012
Rates are subject to change daily.

New and Used Auto Loans
Loan Type		ANNUAL PERCENTAGE RATE (APR)	Payment Schedule		Rate Fixed (F) Variable (V)
2007 & Newer		1.99% - 16.50%	up to 36 months		F
		2.99% - 16.70%	up to 48 months		F
		3.49% - 16.95%	up to 60 months		F
		3.75% - 16.95%	up to 72 months		F
		4.25% - 5.50%	up to 84 months		F
2006 & Older		5.74% - 16.99%	up to 48 months		F
		5.99% - 17.99%	up to 60 months		F

Recreation Loans
All Recreational Vehicles		5.99% - 16.64%	up to 60 months		F
		6.50% - 16.64%	61 to 120 months		F
		6.99% - 16.64%	121 to 180 months		F
APR = Annual Percentage Rate. Actual rates depend on member credit qualifications, including term of loan, age of vehicle, credit and employment history.

Personal Loans
Loan Type		ANNUAL PERCENTAGE RATE (APR)	Index	Margin	Rate Fixed (F) Variable (V)
Personal Access Line of Credit (PAL)*		12.00%	Prime Rate	5%	V
Share/Certificate Secured			Share Certificate	3%	V
* Minimum Interest Rate = 12%. Maximum Interest Rate = 18%

Loan Type		ANNUAL PERCENTAGE RATE (APR)	Payment Schedule		Rate Fixed (F) Variable (V)
Personal Loans		10.25% - 17.74%	up to 48 months		F


Credit Cards
Loan Type	ANNUAL PERCENTAGE RATE (APR) for Purchases	ANNUAL PERCENTAGE RATE (APR) for Cash Advances	Index	Margin	Rate Fixed (F) Variable (V)
VISA Professional Platinum	8.24%	16.99%	Prime Rate	4.99%	V
VISA Platinum	8.24%	16.99%	Prime Rate	4.99%	V
VISA Gold	12.95%	16.99%			F
VISA Classic / Youth Classic VISA	14.00%	16.99%			F

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Home Equity
	Annual Percentage Rate (APR)	Rate Type	Index	Margin	Annual Fee
80% Smart Equity Line of Credit	3.75 - 4.25%	V	Prime Rate	-.25% to 1.00%	$35
85% Smart Equity Line of Credit	4.00 - 5.25%	V	Prime Rate	.75% to 2.00%	$35
100% Smart Equity Line of Credit	5.00 - 6.25%	V	Prime Rate	1.75% to 3.00%	$35
Minimum APR is 3.75%. The Maximum APR is 15.00%. APR = Annual Percentage Rate. Pre-Payment penalty of $300 if loan is paid off and closed prior to 3 years of origination. Typical fees range from $0 to $900. Actual rates depend on member credit qualifications including credit and employment history, and amount of equity in the property. The current index rate is 5.00%. We add a margin to the index to determine the actual interest rate. The minimum APR is 4.50%. The maximum APR is 15.00%. Rates for fixed term conversions taken against the line range from 6.00% APR - 10.00% APR.

Home Equity VISA Gold	5.25%	V	Prime Rate	2.00%	$25

Other Property	7.75 - 12.65%	F			$0

Loan Costs: If required, member pays for appraisal (minimum $300). For loans in excess of $100,000 or if the loan results in a first lien position for the Credit Union, member will pay the cost of Title Insurance (Minimum $200).

(360) 695-3441
1 (800) 247-4364