Interest Rates

Bradford Area School Employees Federal Credit Union is a member-owned,
not-for-profit financial cooperative in Bradford, Pennsylvania.

Credit Score Key:  A+=800 and up    A=700-799    B=600-699    C=500-599    D= Below 500
A+ will reduce A rate by .5 percent, but not to go below 1.5%
Ask about the option of skipping the first month’s payment.  Interest will still accrue during this time.

Call 814-368-5595,  visit us at 125 Main Street, Suite 206 for a loan application, or download a loan application here on the Website.

Our New Rates – July 2018

Personal Loan (0 – 60 months)

A+ & A (above 700) up to $10,000

B (600-699) up to $8,000

C & D (599- Below) up to $5,000

 

A =   9.0%

B = 10.0%

C = 11.0%

D = 12.0%

 

Brand New Vehicle (0 – 60 months)  (Never Been Titled)

A= 2.5%

B= 4.5%

C= 6.5%

D= 8.5%

 

*Add .25% to all categories (A-D) to increase tern to 72 Months

 

New Vehicle (0 – 60 months)

(2016 and newer)

A= 2.75%

B= 4.75%

C= 6.75%

D= 8.75%

 

*Add .50% to all categories (A-D) to increase term to 72 months

*Add .75% to all categories (A-D) to increase term to 84 months

*Calculate additional .50% to any vehicle that has more than 40,000 miles

 

Used Vehicle (0 – 48 months)

(Not older than 2011)

A= 3.25 %

B= 5.25%

C= 7.25%

D= 9.25%

 

*Add 1.0% to all categories to increase term to 49-72 months

*Calculate additional .50% to any vehicle that has more than 80,000 miles.

 

Older Used Vehicle (0 – 48 months)

(2010-2008* Auto)

 

A= 5.5%

B= 7.5%

C= 9.5%

D= 11.5%

 

*Calculate additional .50% to any vehicle that has more than 100,000 miles

 

*Annually adjusted to allow financing to be nothing older than 10 Years from the current ‘Car Year’

 

B.E.S.T (Boat, Equipment, Small Tractor & Plows)

8% (Up to $15,000) (0 – 48 months)

 

Home Repair Loans:

Loans will be paid to vendors or providers of the home repair supplies or contractor. Borrower must provide proof of home ownership.

 

Home Repair (0 – 24 months)

A= 3.5%

B= 5.5%

C= 7.5%

D= 9.5%

 

Home Repair (25 – 60 months)

A= 7.99%

B= 8.99%

C= 10.99%

D= 12.99%

 

Debit Consolidation Loan Special:
(Check must be made Payable to Creditor)

A+, A & B Only=5% (0 – 60 months, up to $5,000)

Share Secured Loan:

2.00% over current savings dividend rate. The share amount of the outstanding amount on the loan may not be withdrawn until the loan is paid.

Key to Credit Scores
A+= 800 and up
A = 700 – 799
B = 600 – 699
C = 500 – 599
D = Below 500

A+ will reduce A rate by .5 percent, but not to go below 1.5%

If you are a member, you are an owner. That is the credit union difference.