| Type of Loan | APR1 | Maximum Term (Months) | Amount Financed4 | Payment Per $1,000 |
|---|---|---|---|---|
| IBM Stock Secured (electronic) | 7.90% 3 | 120 | 85% | $12.09 |
| Share Secured | 5.99% 3 | 120 | 100% | $11.10 |
| Flex Money Market Secured | 6.99% 3 | 120 | 100% | $11.61 |
Footnotes
Annual Percentage Rate
Variable rates may change monthly based on the applicable margin and index.
Financing of maximum Loan-to-Value for qualified borrowers based on credit criteria.
Disclosures
Credit Union membership is required with a $1 minimum deposit.
IBM Stock Secured Payment Example: The payment on a $10,000 loan would be $120.90 by using the $12.09 per $1,000 at a variable interest rate of 7.90% APR with a 120 month term.
IBM Stock Secured Loan: Maximum loan amount based on 85% of previous day's closing price listed on the New York Stock Exchange.
Rates advertised are promotional rates. Refinance of existing Visions FCU non-mortgage loans are subject to certain restrictions and conditions, contact the credit union for details.
The above rates are determined by credit worthiness. Your actual rate may vary. Contact the credit union to see what rate you qualify for. Maximum amount financed also based on credit worthiness. Please see credit union to see what amount you qualify for.
