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 Posted:  7/3/2014 13:10

Consumer Loan Rates

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The Annual Percentage Rates presented are those extended to our most credit worthy borrowers.  With the exception of the Share and Certificate Secured Loans, and the 48-month New Auto, Used Auto, and "Green" Auto loan programs, they also include a .50% discount for members in the Point Loma Relationship Plan.*  An additional .25% discount may also be obtained for vehicles purchased through the credit union's auto buying service.*  The final interest rate will be determined by your overall credit worthiness and participation in any Lighthouse Plan benefits.  Please contact us at (888) 495-3400 to learn more about our auto buying service and to find out how you can qualify for Lighthouse Plan rate discounts.

All loans are subject to approval.† Rates and terms effective 10/24/14 and are subject to change without notice.† Other terms and conditions may apply.

Loan Type Annual
Percentage
Rate
Max. Term Max. Amount $ Max LTV%
New Auto current model year & 1 year old with less than 3k miles 2.00%

1.50%
66 months

48 months
Maximum based on individually determined qualifications.
66 month term =
120% of factory invoice plus tax, license, GAP and extended warranty. No additional discounts may be applied.

Used Auto 5 yrs
& newer
2.25%

1.50%
66 months

48 months
Maximum based on individually determined qualifications.
66 month term =
120% of wholesale Kelley Bluebook plus tax, license, GAP and extended warranty. Cannot exceed 100K mileage.

Older Used Autos 6 yrs and older. *An auto appraisal performed by a state licensed appraiser may be required to validate value on a case-by-case basis. 6.25% 48 months Maximum based on individually determined qualifications. 100% of Kelley
Bluebook whole-
sale plus GAP and extended warranty. Cannot exceed 100K mileage.
Auto Refi Promo 2.00%

1.75%
66 months

48 months
Maximum based on individually determined qualifications.
66 month term =
120% of wholesale Kelley Bluebook plus tax, license, GAP and extended warranty. Cannot exceed 100K mileage.

First Time Auto Buyer New, Used & Older Used 12.05%-15.40% Same as above
based on age of vehicle.
Maximum based on individually determined qualifications. New: 100% of MSRP plus GAP and Service Contact
Used: Average Kelley (5yrs & Newer) Bluebook wholesale and retail (excludes tax & license)
Older Used: 100% of Kelley (6yrs & older) Bluebook wholesale only (excludes tax & license)
Interest Rate Reduction:
5% after 1 year of good repayment history.
"Green" New Auto current model year & 1 year old with less than 3k miles 2.00%

1.50%
66 months

48 months
Maximum based on individually determined qualifications.
66 month term =
120% of factory invoice plus tax, license, GAP and extended warranty. No additional discounts may be applied.

"Green" Used Auto 5 yrs & newer 2.00%

1.50%
66 months

48 months
Maximum based on individually determined qualifications.
66 month term =
120% of wholesale Kelley Bluebook plus tax, license, GAP and extended warranty. Cannot exceed 100K mileage.

Other Secured Motorcycles, Jet Skis etc. 10.75% 36 months Maximum based on individually determined qualifications. 100% factory invoice plus tax and license for new units. 75% of Kelley Bluebook retail plus tax & license for units 5 yrs and newer. 75% of Kelley Bluebook wholesale plus tax & license for units older than 6 yrs.
RVís , Boats, & Travel Trailers New and Used Vehicles 3 yrs & newer 9.00% 180 months $50,000.00 to $150,000.00 100% of wholesale
dealer invoice only
(no add-ons) plus tax,
license, and extended
warranty ($2,500 maximum).
  9.48% 180 months $25,000.00 to $49,999.99  
  9.98% 120 months $5,000.00 to
$24,999.99
 
RVís, Boats & Travel Trailers 4 yr & 5 yr
old units
9.25% 180 months $50,000.00 to $150,000.00 100% of Kelley
Bluebook wholesale
plus extended
warranty ($2,500 maximum)
(excludes Tax &
License).
  9.73% 180 months $25,000.00 to $49,999.99  
  10.23% 120 months $5,000.00 to
$24,999.99
 
Signature Loan 9.49% 60 months $50,000.00 or 3 times gross monthly income of primary applicant whichever is less. May require controlled payoffs based on loan decision.
"Green Living" Unsecured Loan 5.49%
120 months $50,000.00 or 3 times gross monthly income of primary applicant whichever is less. May require controlled payoffs based on loan decision. This product has no additional relationship pricing discounts.
Computer Loan 5.49% 36 Months $5,000.00 or 3 times gross monthly income
of primary applicant whichever is less.
Minimum payment is
$50.00. Loan
proceeds are made payable directly to computer store.
Book Loan 6.49% 12 Months $500.00 Proceeds for books
and educational
supplies.  Must
provide proof of
current enrollment
in 9 or more units
of class instruction.
Overdraft Protection
Easy Line of Credit
Prime + 7% to Prime + 12% Based on Wall Street Journal on the 20th of each month. Loan rate is adjusted on the final day of the month. Open Ė End $25,000.00 or 3 times gross monthly income of primary applicant whichever is less. Minimum payment is $25.00 or 2.5% of outstanding balance, whichever is greater.
(A .50% discount will be applied for all Point Loma Relationship Plan members.)
Share Secured Loan 3.0% over dividend rate of account used to secure loan. 60 months 100% of account value.  
Certificate Secured
Loan
3.0% over dividend rate used to secure loan. Up to Certificate maturity date. 100% of account value.  
Sharper Image Loan 8.49% 60 months $25,000.00 or 3 times gross monthly income of primary applicant whichever is less. Loan proceeds paid directly to doctor's
office or medical facility.

  • PLCUís maximum unsecured loan limit is $50,000.00 per qualifying member.  This includes all individual and joint unsecured credit combined.
  • Lighthouse Payment Protection Solution (LHPP) is available on qualified individual and joint loans.  Conditions and limits may apply.
  • See our Account Agreement and Open-ended Loan Disclosures for more information on our PLCU loan products.
NOTE:  All rates, terms and conditions are set by the Board of Directors and are subject to change.  Please call the Credit Union for further information and conditions. *  With the exception of the 48-month New Auto, Used Auto, and "Green" Auto loan programs, at no time will the interest rate be less than the Credit Union's floor rate of 2.00%.

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