The Annual Percentage Rates (APR) are slightly higher than the
interest rates shown below. Rates are subject to change at any time. The following interest rates are Denocos' best
rates. Actual rates are based on your credit history, financial ratios, terms and prior history with the Credit Union.
New Vehicle Loans
- New vehicles are vehicles that have
never been registered or have under 20,000 miles. Maximum loan amount is 100% of the purchase price plus fees.
- 36 month term 2.50% fixed
- 48 month term
- 60 month term 3.25% fixed
- 72 month term 3.25% fixed
Used Vehicle Loans
- Used vehicle loans are for purchasing
or refinancing a used vehicle. Maximum loan percentage is 125% of the Kelly Blue Book Wholesale Value or, if less, the
purchase price plus fees.
- Maximum 60 months 3.75% fixed
- Maximum 48 months
3.75% fixed 2006-2011 models
- Maximum 48 months 4.75%
fixed 2005 & older models
- Signature loans are unsecured loans
requiring only the member's signature as security.
- 48 month term 8.50%
fixed Maximum loan amount is $10,000
Auto Equity Loans
- Auto Equity Loans are secured by a vehicle. The proceeds can
be used for any purpose.The maximum loan percentage is 85% of the Kelly Blue Book Wholesale Value. Any amount currently owing
on the vehicle must be paid off with the remaining proceeds available to the member.
60 month term 3.75% fixed 2012-2015 models
48 month term 3.75% fixed 2006-2011 models
- Maximum 48
month term 4.75% fixed 2005 and older models
Motorcycle & Boat Loans
Recreational Vehicle (R/V) loans are for the
purchase or refinance of new or used R/V's. The maximum loan amount on new R/V's is the purchase price plus fees.
For used R/V's the maximum loan amount is 125% of the Nadaguides.com Average Retail Value or the purchase price plus fees,
whichever is lower.
Furnishing Negative Information to Consumer Reporting Agencies
We may report information about your account to credit bureaus.
Late payments, missed payments or other defaults on your account may be reflected in
your credit report.
Your credit report provides a glimpse of how
financially responsible you are. Maintaining a clean credit report is vital to your financial well being. Negative information
in your credit report will have a negative impact on your credit score. Your credit score can be reviewed by lenders, insurers,
landlords and even potential employers. With a poor credit score you will be more likely to:
Please make your payments on time and always pay at least the minimum amount due to
assure that negative information regarding your accounts with us will not appear on your credit report.
This notice has been provided to you as required by Section 217 of the Fair and Accurate
Credit Transaction Act of 2003.