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Friday, July 04, 2008 |
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Personal Loan Rates
* Annual Percentage Rates (APR) current as of
July 4, 2008
- The American Cash Advance Line of Credit is an unsecured line of credit and can be used as overdraft protection for personal checking accounts.
- This unsecured line of credit can also be accessed by writing a special line of credit check.
- The APR may vary daily based upon the Wall Street Journal Prime, which is currently 5.00%.
- Payments are based on 1/36th of the outstanding principal plus interest and credit insurance (if applicable).
- Maximum APR is 18.00%.
- Minimum floor - 9.50%
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- The APR may vary daily based upon the Wall Street Journal Prime, which is currently 5.00%.
- This rate reflects a maximum loan-to-value of 80% with a $5,000 minimum loan amount and $200,000 maximum.
- Maximum APR is 18.00%.
- Minimum APR is 5.00%.
- Interest may be tax deductible; consult your tax advisor.
- No closing costs apply to single-family owner occupied properties up to $200,000.
- Homeowner's insurance required.
- Title insurance and/or flood insurance may be required.
- The Home Equity Line of Credit has a draw period of ten (10) years and payments are based on 1/180th of the outstanding principal plus interest and credit insurance (if applicable).
- Property must be an owner occupied 1-4 residential property located within the Commonwealth of Pennsylvania.
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- The APR and rate of interest during the draw and repayment period may vary daily based upon the Wall Street Journal Prime, which is currently 5.00%.
- This rate reflects a maximum loan-to-value of 80% with a $5,000 minimum loan amount and $200,000 maximum.
- Maximum APR is 18.00%.
- Minimum APR is 5.00%.
- Interest may be tax deductible; consult your tax advisor.
- No closing costs apply to single-family owner occupied properties up to $200,000.
- Homeowner's insurance required.
- Title insurance and/or flood insurance may be required.
- The interest-only Home Equity Line of Credit has a draw period of 5 years.
- Interest-only is paid during the initial 5-year period on this variable rate line of credit.
- After the draw period ends, you will no longer be able to obtain credit advances and must repay the outstanding balance (the “repayment period”). During the repayment period, your ‘regular payment’ will be based on 1/120th of the outstanding balance at the start of this payment period plus all accrued finance charges. The rate of interest during the draw and repayment period is subject to change daily.
- During the repayment period, the remaining principal balance will be amortized over a 10 year term.
- Property must be an owner occupied 1-4 residential property located within the Commonwealth of Pennsylvania.
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| This page was retrieved at 3:27:04 PM on July 4, 2008 |
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