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Loan Rates

Current Loan Rates for January 3, 2008

New Auto/Motorcycle Loans:
Annual Percentage Rate
72 months (Will finance 100% purchase price plus sales tax, fees and all warranties) 4.50% - 12.00%* APR
84 months (10% down) 4.75% - 12.25%* APR
Used Auto/Motorcycle Loans:
(100% retail clean value plus sales tax, fees and all warranties)
Year Models 2005-2008 4-5 years 4.50% - 12.00%** APR
Year Models 2002-2004 3-4 years 5.00% - 12.50%** APR

Models 2001 & older (loan value plus 10%)**

2-3 years 6.00% - 13.50%** APR
New and Used Boats:
(Will finance 75%)
  4 years 6.75% - 14.00% APR
RV's ATV's, & Farm Equipment:
(Will finance 80%)
  5 years 6.75 - 14.00% APR
Personal Loans:
up to 4 years 10.50% - 18.00% APR
90 days (not based on Beacon score) 16.00% APR
Easy Money Loan
6 months (No Credit Check) 18.00% APR
Share Secured Loans:
3 years 2.00% above current rate earned
Undeveloped Land :
(Will finance 80% of appraised value to $50,000 in State of Georgia)
5 years 5.75% to 13.00% APR
10 years 6.75% - 14.75% APR

Click here for the compound interest calculator or click here for the APR calculator.

*The Annual Percentage Rate you receive is based on certain credit worthiness criteria.
**Loan values and retail clean values to be stated in the Official Used Car Price Guide and/or The Black Book.  

All rates are subject to change without prior notice.

For more detailed information on our loan rates, please call a loan officer at HMC Employees Credit Union

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