Interest Rates

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

December, 2016

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 – 72 months)
(Never Been Titled)

A= 2.00%
B= 4.00%
C= 6.00%
D= 8.00%

New Vehicle (0 – 60 months)
(2015 and newer)

A= 2.25%
B= 4.25%
C= 6.25%
D= 8.25%

New Vehicle (61-72 months)
(2015 and newer)

A = 3.5%
B = 5.5%
C = 7.5%
D = 9.5%

New Vehicle (73-84 months)
(2015 and newer)

A = 4.5%
B = 6.5%
C = 8.5%
D = 10.5%

Used Vehicle (0 – 48 months)
(Not older than 2010)

A= 2.5 %
B= 4.5%
C= 6.5%
D= 8.5%

Used Vehicle (49 – 72 months)
(Not older than 2010)

A= 3.99%
B= 5.99%
C= 7.99%
D= 9.99%

Older Used Vehicle (0 – 48 months)
(2009-2007* Auto)

A= 4.5%
B= 6.5%
C= 8.5%
D= 10.5%

*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 $5,000)  (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)

 

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%