Mead ECU - Rates

Rates Effective as of: May 1, 2013
Loan Type	Approximate Term (Months)	APR*	Daily Periodic Rate
Automobile Loans
New and Used Automobile Loan Rates	Rates are based on Credit Reporting Beacon Score
Credit Score
725 or above		1.90%	0.005205
675-724		3.50%	0.009589
625-674		5.90%	0.016164
600-624		8.00%	0.021918
550-599		13.00%	0.035616
500-549		14.00%	0.038356
Automobile Terms of Finance
Year Model Listed Below
2012-2013	Up to 72 Months
2009-2011	Up to 60 Months
2007-2008	Up to 48 Months
2005-2006	Up to 36 Months
Share Secured Loans
Up to 60 Months		3.00%	0.008219
Motorcycles, Boats and Campers
Up to 60 Months		5.75%	0.01575
Signature Loans
Credit Score
725 or above		10.00%	0.027397
675-724		10.00%	0.027397
625-674		11.00%	0.030137
600-624		12.00%	0.032877
550-599		16.00%	0.043836
500-549		18.00%	0.043915
Application Fees: A fee of $25.00 will be charged at the initial advance of your loan to cover the cost of processing the loan. This fee will be imposed every 6 months upon advances.
Filing Fee: A lien filing fee will be charged at the time of the advance if the credit union takes a security interest in the collateral. The amount of the filing fee will be disclosed on the loan voucher.
Collection: You promise to pay all court cost of collecting the amount you owe under this contract including court cost and reasonable attorney fees.
Debt Consolidation
Up to 36 Months	Borrower must have a credit score of 675 with no unpaid collections on their credit report	11.00%	0.030137