| Loan Rates |
Any member of Parish Members Credit Union is eligible to apply for credit, provided the member is of legal age to enter into a binding contract and the member has not caused a loss to the credit union. Credit requests will be accepted in writing or a completed application. A copy of the application is provided for your convenience.
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Rates are effective September 9, 2009 and are subject to change.
Rates Starting At: |
| Loan Type |
Term |
APR (Cash Pay) |
APR (Direct Deposit or Payroll Deduction) |
New Vehicles
2009 and 2010
Model Years |
Up to 60 months |
4.50% |
4.25% |
Used Vehicle
2007 thru used 2009
Model Years |
Up to 60 months |
5.50% |
5.25% |
Used Vehicle
2003-2006
Model Years |
Up to 60 months |
7.00% |
6.75% |
Used Vehicle
2002 and older
Model Years |
Up to 60 months |
8.00% |
7.75% |
Unsecured
Personal Loans |
Up to 12 months. |
6.00% |
6.00% |
| Up to 24 months. |
8.00% |
8.00% |
| Up to 36 months. |
10.00% |
10.00% |
Shared Secured
Personal Loans |
6.50% |
Credit Card
Interest Rate |
10.00% |
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| Repayment Example – A 60 month new vehicle loan for $15,000 with a 5.75% APR would result in 60 payments of $288.24. |
