Jacomcu: Japanese American Community Credit Union

Rates - Loans

At JACom Credit Union we offer a variety of loans to meet your borrowing needs. All loan approvals are subject to credit and income evaluation. Rates vary depending on one’s credit worthiness, terms, and amount financed. Rates and terms are subject to change without notice. For Credit Life and/or Credit Disability Insurance calculator, please click here.

Personal, Credit Card, & Other Loans


Loan Type Maximum Financing MAX TERM APR
Shared Secured avail. amt. in shares 84 mos 3.00% *
* + last declared dividend rate      
       
Consent to pledge avail. amt. in pledger’s shares 84 mos 3.00% **
** + last declared dividend rate      
       
Shared Certificate amt. in share certificate *** (7) 3.00% ****
Co-maker $7.500.00 48 mos 16.50%
       
Signature $5,000.00(3) 48 mos 16.50%
       
Vacation $5,000.00(4) 12 mos 13.50%
  $5,000.00(4) 36 mos 14.50%
       
Share Draft - ATM/Overdraft Protection
(increments of $200.00)
$1,000.00 24 mos 16.50%
       
Visa card $10,000.00 -- 12.60%
       
Home Loans -- 1st & 2nd Please call Christyne at our LA Branch for rates & terms
       
*** remaining term of certificate    **** + rate earned    


Auto & Motorcycle Loans


Loan Type Maximum Financing MAX TERM APR
New Auto (5) (6)
Pre-Owned or Refinance From Another Institution Auto ≤ 3 years (1) (2) (5)
Auto Secured ≤ 3 years (1) (5)
80% of Purchase price 24 mos 2.31%
  80% of purchase price 36 mos 2.61%
  80% of purchase price 48 mos 3.00%
  80% of Purchase price 60 mos 3.38%
  80% of Purchase price 72 mos 3.69%
       
  90% of Purchase price 24 mos 3.31%
  90% of purchase price 36 mos 3.61%
  90% of purchase price 48 mos 4.00%
  90% of Purchase price 60 mos 4.38%
  90% of Purchase price 72 mos 4.69%
       
  100% of Purchase price 24 mos 4.31%
  100% of purchase price 36 mos 4.61%
  100% of purchase price 48 mos 5.00%
  100% of Purchase price 60 mos 5.38%
  100% of Purchase price 72 mos 5.69%
       
Pre-Owned or Refinance From Another Institution Auto > 3 years (1) (2) (5)
Auto Secured > 3 years (1) (5)
80% of Purchase price 24 mos 4.31%
  80% of purchase price 36 mos 4.61%
  80% of purchase price 48 mos 5.00%
  80% of Purchase price 60 mos 5.38%
       
  90% of Purchase price 24 mos 5.31%
  90% of purchase price 36 mos 5.61%
  90% of purchase price 48 mos 6.00%
  90% of Purchase price 60 mos 6.38%
       
New Motorcycle 100% of purchase price 60 mos 7.00%
       
Pre-Owned Motorcycle*****
90% of purchase price 60 mos 8.00%*****
***** Dealer purchases only. No private party sales    

 

ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.
Rates accurate as of 08/01/13. *Please call the Credit Union for current rates.
APR = Annual Percentage Rate. For example, a loan at 2.67% APR for 60 months will
have a monthly payment of $17.83 per $1000 borrowed.

(1) A $50.00 CU processing fee is required. If applicable, any DMV fees and sales tax is also required.
(2) Amount financed is based on the lower of the average Blue Book or the purchase price.
(3) 20% must be secured in shares.
(4) 10% must be secured in shares.
(5) Loan rates listed above are the lowest rates offered based upon applicant's individual credit history plus other factors.
(6) New autos financed for less than three months through dealer financing can be re-financed at the CU at the new auto
     rate and term. A $50 CU processing fee, DMV fees, and a purchase order is required.
(7) If longer than 3 months, the share certificate will be closed early (fees waived), funds put into the shares,
      and a share secured loan can be taken out.

 

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