337 N. Main, Sikeston, MO 63801
Effective: January 15, 2018
|Collateral (Title)||Collateral (No Title)||Unsecured (Signature)|
|Credit Score||New||Used||New||Used||Rate||Max Term||Max Amount|
|A||701 +||3.00% APR||4.00% APR||4.50% APR||7.00% APR||10.75% APR||48||$7,500.00|
|B||651 - 700||3.50% APR||4.50% APR||5.00% APR||7.50% APR||11.25% APR||48||$7,500.00|
|C||601 - 650||5.00% APR||6.00% APR||6.50% APR||9.00% APR||12.75% APR||42||$5,000.00|
|D||551 - 600||9.00% APR||10.00% APR||10.50% APR||13.00% APR||16.75% APR||36||$3,000.00|
|E||500 - 550||11.00% APR||12.00% APR||12.50% APR||15.00% APR||18.75% APR||24||$2,000.00|
|Max Term||Loan Value||Max Term||Loan Value|
|New *||2016 - Current||72||110%||60||100%|
|Considered New with less than 25,000 miles|
|2016 - Current||60||100%||60||80%|
|2012 - 2015||54||100%||54||80%|
|2009 - 2011||48||100%||48||80%|
|2008 or older||36||100%||36||80%|
Rates in effect at time of loans = Current dividend rate + 2.00%
Maximum amortization period for share secured loans is 60 months; share certificate secured loans are due upon maturity.
No credit score or DTI calculation is performed for share secured or share certificate loans.
The following rate additions apply to all loans except for Share Secured Loans:
+ 1.00% if payment is not set up as automatic withdrawal
+ 1.00% for all existing Division 10 loans that are refinanced
The following rate deduction applies to collateral secured loans:
- .10% with the purchase of GAP
- .10% with the purchase of Vehicle Service Contract
Collateral secured loans can extend terms up to 12 additional months with purchase of GAP policy.
Management is authorized to match competitor rate and terms. Credit Manager approval is required.
Credit Manager may adjust loan terms as deemed necessary when circumstances require.
APR = Annual Percentage Rate
Special Notice: Credit score does not guarantee approval of loan.