Secured Loans Available at SELH FCU
ATVs, Motorcycles, Boats & Recreation Vehicles
· 7.0 % APR for new with a loan term of 3 years or less
· 10.0 % APR for new with a loan term of more then 3 years (10 year max)
· 10.0 % APR for used ATV's, Motorcycles, Boats and recreation vehicles (10 year max payback depending on purchase price)
· 10.0 % APR for new Household Appliance Only.
· Washer, Dryer, Refrigerator, Freezer, Air Conditioner
· 3-5 year max payback depending on purchase price
· 10.0 % for new or used with 100% Financing available
· 10 year max payback depending on purchase price
· 10.0 % for new with 100% Financing available.
· Maximum loan term 3 years
Secured by Shares
· Any Member may borrow against their own money.
· 3.5% above current dividend rate or CD rate
· 10 year maximum loan term
Maximum total indebtedness to SELH Federal Credit Union cannot exceed the members annual Salary.
Loan Applications are taken Monday - Wednesday, and if approved, are disbursed on Wednsday, Thursday or Friday.
$10 Application Fee
*Your debt to income ratio maximum is 50%