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Highway
FCU has a loan for any need...
 Highway Federal Credit Union
offers members the ability to borrow money for
nearly any purpose at attractive rates.
Signature
loans up to $9,000 may be used for nearly any purpose. Loans that are secured by
your share account receive our lowest rates. The credit union also
offers loans for new and used cars, trucks, and motorcycles.
We
offer 100% Financing for new Vehicles!
Used Vehicles
- 36 months or less - 90% Financing**
| Fair Isaac Risk Score |
Never Titled |
Used 2011 |
2010-2007 |
2006-2004 |
8+ years |
| 725-850 |
3.99% APR |
4.25% APR |
4.75% APR |
5.25% APR |
7.50% APR |
| 690-724 |
4.25% APR |
4.50% APR |
5.00% APR |
5.75% APR |
7.75% APR |
| 650-689 |
5.75% APR |
6.00% APR |
6.25% APR |
7.00% APR |
10.50% APR |
| 625-649 |
9.95% APR |
10.75% APR |
11.25% APR |
12.25% APR |
13.50% APR |
| <624 or None** |
12.50% APR |
12.50% APR |
12.95% APR |
13.95% APR |
14.95% APR |
Used Vehicles - 37 months or more - 90% Financing**
Fair Isaac Risk Score |
Never Titled |
Used 2011 |
2010-2007 |
2006-2004 |
8+ years |
| 725-850 |
4.25% |
4.50% |
5.25% |
6.25% |
7.50% |
| 690-724 |
5.00% |
5.00% |
5.75% |
7.00% |
7.75% |
| 650-689 |
6.50% |
6.50% |
7.00% |
8.25% |
10.50% |
| 600-649 |
10.75% |
10.75% |
11.25% |
12.50% |
13.50% |
| <624 or None** |
12.50% |
12.50% |
12.95% |
13.95% |
14.95% |
Fair Isaac Score Variables
Current home owner, add 15 points
Debt ratio lower than 45%, add 10 points
Same profession for 5 years, add 5 points
Direct Deposit, add 15 points
Past due amounts, subtract 15 points
debt ratio over 45%, subtract 10 points
Delinquent on more than 1 loan, subtract 10 points
Public Records, subtract 30 points
Auto - Truck - SUV Loans
| 6 Years |
5 Years w/ max $15,000 |
106% of retail value
FICO score of 690 or above
Model years 2004-2011 |
90% of retail value
FICO score of 625-689
Model years 2004-2011 |
100% of retail value
Model years 2004 or later
Maximum term 60 Months
w/ FICO score of 690 or higher |
90% of retail value w/ max $9,000
Model years 2003 or earlier
Maximum term 48 months
w/ FICO score of 689 to 625 |
Motor Cycle Loans
Used Vehicles - 36 months or less - 90% Financing**
| Fair Isaac Risk Score |
Never Titled |
Used 2010 |
2009-2006 |
| 725-850 |
3.99% APR |
4.99% APR |
5.99% APR |
| 690-724 |
4.99% APR |
5.99% APR |
7.99% APR |
| 650-689 |
7.99% APR |
8.99% APR |
9.99% APR |
| 625-649 |
9.99% APR |
10.99% APR |
11.99% APR |
| <624 or None** |
11.99% APR |
12.99% APR |
13.99% APR |
Used Vehicles - 37 months or more - 90% Financing**
Fair Isaac Risk Score |
Never Titled |
Used 2010 |
2009-2006 |
| 725-850 |
4.99% |
5.99% |
6.99% |
| 690-724 |
5.99% |
6.99% |
8.99% |
| 650-689 |
8.99% |
9.99% |
10.99% |
| 600-649 |
10.99% |
11.99% |
12.99% |
| <624 or None** |
11.99% |
12.99% |
13.99% |
**624 score or lower or no score requires co-signer with 690 score or higher
Fair Isaac Score
Current Home Owner Add 15
Debt Ratio Lower than 45% Add 10
Same profession for 5 years Add 5
Direct Deposit Add <15>
Past Due Amounts Subtract 15
Debt Ratio Over 45% Subtract 10
Delinquent on more than One Loan Subtract 10
Public Records Subtract 30
Percentage financed varies from 80% to 106% depending on FICO scores, term of loan and age of vehicle.
Recreational Vehicles and Trailers
| Fair Isaac Risk Scores |
Never Titled |
Used 7 Years or Less |
| 750+ w/ 100% Financing |
6.50% |
7.50% |
| 720+ w/ 90% Financing |
6.75% |
8.25% |
| 690+ w/ 90% Financing |
7.25% |
9.00% |
| 650+ w/ 80% Financing |
8.75% |
10.75% |
| 645-649 w/ 80% Financing |
10.25% |
14.50% |
Refinanced
Used Vehicles - 75% Financing**
Call or Stop in for details |
Signature
and Secured Loans**
| Scores |
12-18 Month |
19-36 Month |
37-60 Month |
| 750-ABOVE |
7.75% |
8.25% |
10.50% |
| 749-700 |
8.25% |
9.25% |
11.00% |
| 699-650 |
9.00% |
10.25% |
12.25% |
| 649-625 |
11.00% |
12.50% |
13.50% |
| <624 or None** |
12.50% |
13.50% |
14.75% |
**624
score or lower or no score requires co-signer with 690 score or higher
Home
Equity Loans*
| Scores |
5 Years |
10 Years |
15 Years |
| 750-850 |
5.95% |
6.50% |
7.00% |
| 700-749 |
6.75% |
7.00% |
7.25% |
| 625-699 |
7.25% |
7.50% |
7.75% |
*Home
Equity Loans are for 80% of value less 1st mortgage.
All rates on this site are subject to change with or without notice. Rates on Web Site do not necessarily reflect current rates, although we do our best to keep the site updated. Please call us directly or come visit to confirm any terms and all rates.
Click
here for a loan application that you
may print out.
We also are offering a special rate on our Visa Credit card of 6.99% on new purchases. Offer subject to change without notice.
To
determine your monthly loan payment, please enter the following
information in our loan calculator:
-
The
amount you wish to borrow
-
The
number of years to pay back the loan
-
The
interest rate for the type of loan you would like
The
total shown is your estimated monthly loan payment.
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