Loans

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 2018	Used 2017-2015	Used 2014-2012	Used 2011-Older
725-850	1.99% APR	3.49% APR	3.75% APR	4.25% APR	4.95% APR
690-724	2.99% APR	3.59% APR	4.50% APR	5.00% APR	6.00% APR
650-689	4.75% APR	5.25% APR	5.75% APR	6.25% APR	7.25% APR
625-649	8.25% APR	8.75% APR	9.95% APR	11.25% APR	12.25% APR
<624 or None**	11.25% APR	11.50% APR	12.25% APR	13.50% APR	14.50% APR

Used Vehicles – 37 months or more – 90% Financing**

Fair Isaac Risk Score	Never Titled	Used 2018	Used 2017-2015	Used 2014-2012	Used 2011-Older
725-850	2.99%	3.75%	3.95%	4.50%	5.75%
690-724	3.25%	3.99%	4.50%	5.00%	6.50%
650-689	4.95%	5.50%	6.00%	6.50%	7.50%
600-649	8.75%	9.75%	10.95%	12.25%	13.25%
<624 or None**	12.25%	12.50%	12.75%	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

84 Months	72 Months
106% of retail value FICO score of 700 or above Model years 2012-2018	90% of retail value FICO score of 675-699 80% of retail value (674 or lower) Model years 2012-2018
100% of retail value Model years 2011 or earlier Maximum term 60 Months w/ FICO score of 700 or higher	90% of retail value w/ max $9,000 Model years 2011 or earlier Maximum term 60 months w/ FICO score of 675 to 699 80% of retail value (674 or lower)

Motor Cycle Loans

Used Vehicles – 36 months or less – 90% Financing**

Fair Isaac Risk Score	Never Titled	Used 2012	2011-2008
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 2012	20011-2008
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	New			Used
	3 YR or Less	4- YR	6-10 YR	7 YR or Less
750+ w/ 100% Financing	2.99%	3.49%	5.49%	7.00%
720+ w/ 90% Financing	3.25%	4.25%	6.25%	8.00%
690+ w/ 90% Financing	5.25%	6.25%	8.25%	9.50%
650+ w/ 80% Financing	7.75%	8.25%	10.75%	12.75%
625-649 w/ 80% Financing	9.50%	10.50%	12.50%	14.50%

Max Term and Amount
120 Months
$60,000 Max
Longer terms may be available based on SCORE
Rates subject to change without notice.

Collection Costs: You agree to pay all costs of collecting the amount you owe under this agreement, including court costs and reasonable attorney fees 20% collection cost not less than $50.00

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	9.25%	10.50%	12.50%
649-625	12.25%	13.25%	14.25%
<624 or None**	14.95%	14.95%	14.95%

**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	3.75%	4.75%	5.25%
700-749	4.75%	5.26%	6.25%
625-699	5.75%	6.50%	7.25%

*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: