MOBC_Credit

TYPE OF LOAN	TERM	INTEREST RATES	FINANCE TERMS
Signature Loan (no collateral) $500 - $2,500	6 to 18 months	9% to 18%	Rates determined by the overall credit worthiness of each applicant.
Share secured Loans (up to amount on deposit)	6 - 60 months	4%	1. Member's Share account must be pledged as security for Loan. 2. Share account balance must be equal to or greater than loan payoff at all times.
New & Current Year Used Cars and Trucks & non-purchase collateral	Up to 72 months	6.05 to 13.75%	Rates determined by the overall credit worthiness of each applicant.
Used vehicles (1-2 yrs. Old) & non-purchase collateral	Up to 72 months	7.05% to 14.00%	Same as above, and based on NADA book values for vehicle.
Used vehicles (3 yrs. Old) & non-purchase collateral	Up to 48 months	8.05% to 15.00%	(Same as above.)
Used vehicles (4 yrs. & Older) & non-purchase collateral	Up to 48 months	9.05% to 15.40%	(Same as above.)
Auto Refinancing	Up to 60 months	Will match your interest rate or better it.	1. Rates determined by the overall credit worthiness of each applicant. 2. Applicant has the option to include necessary fees in Loan amount.
New Boats & RVs	Up to 72 months	7.50% - 16.0%	Same as above, and based on NADA book values for boats and RVs.
Used Boats & RVs	Up to 48 months	9.25% - 17.0%	Same as above, and based on NADA book values for boats and RVs.

Note: Effective April 27, 2009, and subject to change.