Personal Loan Rates

Rates Effective: July 17, 2018. These rates, programs, terms and conditions are subject to change without notice. Meritrust Credit Union membership required.

Auto Rates

Autos & Motorcycles1
Term** Contract Rate APR*
up to 63 months 3.25% 3.39%

1Disclosed APR assumes a $26,000 loan with a $100 origination fee. Disclosed rate includes rate discounts for 90% or lower loan-to-value ratio and Meritrust account ACH. The maximum discount of .50% is shown. For example: A $26,000 loan with a contract interest rate of 3.25% would require 63 monthly payments of $445 resulting in a 3.39% APR.

Recreational Vehicles (Motor Homes, Travel Trailers & Campers)2
Term** Contract Rate APR*
up to 240 months 5.25% 5.42%

2Disclosed APR assumes a $25,000 loan with a $100 origination fee. For example: A $25,000 loan with a contract interest rate of 5.25% would require 60 monthly payments of $477 resulting in a 5.42% APR.

Recreational Vehicles (Jet Skis & Boats)3
Term** Contract Rate APR*
up to 240 months 5.25% 5.62%
 

3Disclosed APR assumes a $11,000 loan with a $100 origination fee. For example: An $11,000 loan with a contract interest rate of 5.25% would require 60 monthly payments of $211 resulting in a 5.62% APR.

Personal Loan Rates

Description Term** Contract Rate APR*
Signature/Personal Loan4 up to 60 months 8.00% 9.89%

4Disclosed APR assumes a $5,000 loan with a $100 origination fee. For example: A $5,000 loan with a contract interest rate of 8.00% would require 24 monthly payments of $231 resulting in a 9.89% APR.

Share (Savings)5 up to 36 months 2.80% 6.26%

5Disclosed APR assumes a $2,000 loan with a $40 origination fee. For example: A $2,000 loan with a contract interest rate of 2.80% would require 12 monthly payments of $172.79 resulting in a 6.26% APR.

Share Certificate Secured Loans6 Loan term may not exceed term of securing CD 3.55% 7.01%

6Disclosed APR assumes a $2,000 loan with a $40 origination fee. For example: A $2,000 loan with a contract interest rate of 3.55% would require 12 monthly payments of $173.54 resulting in a 7.01% APR.

Line of Credit Revolving   10.00%
VISA® Card     9.75%-21.00%

VISA® Application Disclosure

Lowest possible APR based on credit worthiness and underwriting factors. For qualified borrowers.
*APR = Annual Percentage Rate.
** The approximate term is provided to disclose the term we use to calculate payments for the Credit Union's closed-end loan products. Shorter and longer terms available.