Loan Programs

Current Loan Programs**

New Cars

Term

Rate

These rates apply to our motorcycle loans too.

1 to 36 Months

1.99%

37 to 60 Months

2.99%

61 to 72 Months

3.99%

$10,000 Minimum for 37-60 Months
$20,000 Minimum for 61-72 Months

Used Cars

Term

Rate

You may borrow up to 100% of the NADA book value plus sales tax.

1 to 36 Months

2.99%

37 to 60 Months

3.99%

61 to 72 Months

4.49%

$10,000 Minimum for 37-60 Months
$20,000 Minimum for 61-72 Months

Personal Loans

Term

Rate

This Line of Credit is used as needed. Borrowing guidelines require a minimum of $1,000.00 per withdrawal with a maximum of 3 withdrawals per year. There are no early payoff penalties.

1 year

8.00%

2 years

9.00%

3 years

10.00%

4 years

11.00%

5 years

12.00%

Other Loans		Term	Rate
Share Collateral Loans	Maximum of $100,000.	Up to 60 Months	3.00%
Auto Insurance Loans		Up to 12 Months	8.00%
Credit Card Loans	Available January through March Only	Up to 12 Months	5.99%
Boat Loans		1 year	6%
		2 years	7%
		3 years	7.5%
		4 years	8%
		5 years	9%

Mortgages and Home Equity Program are listed seperately.

*All Loans subject to credit approval and maximum per member limits.

** Add 1/2% to all loan rates if you do not make automatic monthly payment.

Cambridge Firefighters Federal Credit Union