Consumer Loan Rates

The Annual Percentage Rates presented are those extended to our most credit worthy borrowers. With the exception of the Share and Certificate Secured Loans, they also include a .50% discount for members in the Point Loma Relationship Plan. An additional .25% discount may also be obtained for vehicles purchased through the credit union's auto buying service. The final interest rate will be determined by your overall credit worthiness and participation in any Lighthouse Plan benefits. Please contact us at (888) 495-3400 to learn more about our auto buying service and to find out how you can qualify for Lighthouse Plan rate discounts. All loans are subject to approval. Rates and terms effective 9/9/10 and are subject to change without notice. Other terms and conditions may apply.

Loan Type	Annual Percentage Rate	Max. Term	Max. Amount $	Max LTV%

New Auto current model year & 1 year old with less than 3k miles	4.49%	66 months	Maximum based on individually determined qualifications.	120% of factory invoice plus tax, license, GAP and extended warranty.

Used Auto 5 yrs & newer	5.24%	66 months	Maximum based on individually determined qualifications.	120% of wholesale Kelley Bluebook plus tax, license, GAP and extended warranty. Cannot exceed 100K mileage.

Older Used Autos 6 yrs and older. *An auto appraisal performed by a state licensed appraiser may be required to validate value on a case-by-case basis.	6.25%	48 months	Maximum based on individually determined qualifications.	100% of Kelley Bluebook whole- sale plus GAP and extended warranty. Cannot exceed 100K mileage.

First Time Auto Buyer New, Used & Older Used	12.05%-15.40%	Same as above based on age of vehicle.	Maximum based on individually determined qualifications.	New: 100% of MSRP plus GAP and Service Contact Used: Average Kelley (5yrs & Newer) Bluebook wholesale and retail (excludes tax & license) Older Used: 100% of Kelley (6yrs & older) Bluebook wholesale only (excludes tax & license) Interest Rate Reduction: 5% after 1 year of good repayment history.

"Green" New Auto current model year & 1 year old with less than 3k miles	4.24%	66 months	Maximum based on individually determined qualifications.	120% of factory invoice plus tax, license, GAP and extended warranty. Must be a hybrid vehicle or achieve a minimum of EPA 32 miles per gallon (highway) to qualify for this loan program.

"Green" Used Auto 5 yrs & newer	4.99%	66 months	Maximum based on individually determined qualifications.	120% of wholesale Kelley Bluebook plus tax, license, GAP and extended warranty. Cannot exceed 100K mileage. Must be a hybrid vehicle or achieve a minimum of EPA 32 miles per gallon (highway) to qualify for this loan program.

Other Secured Motorcycles, Jet Skis etc.	10.75%	36 months	Maximum based on individually determined qualifications.	120% factory invoice plus tax and license for new units. 75% of Kelley Bluebook retail plus tax & license for units 5 yrs and newer. 75% of Kelley Bluebook wholesale plus tax & license for units older than 6 yrs.

RV’s , Boats, & Travel Trailers New and Used Vehicles 3 yrs & newer	9.00%	180 months	$50,000.00 to $150,000.00	100% of wholesale dealer invoice only (no add-ons) plus tax, license, and extended warranty ($2,500 maximum).

	9.48%	180 months	$25,000.00 to $49,999.99

	9.98%	120 months	$5,000.00 to $24,999.99

RV’s, Boats & Travel Trailers 4 yr & 5 yr old units	9.25%	180 months	$50,000.00 to $150,000.00	100% of Kelley Bluebook wholesale plus extended warranty ($2,500 maximum) (excludes Tax & License).

	9.73%	180 months	$25,000.00 to $49,999.99

	10.23%	120 months	$5,000.00 to $24,999.99

Signature Loan	12.50%	48 months	$50,000.00 or 3 times gross monthly income of primary applicant whichever is less.	May require controlled payoffs based on loan decision.

"Green" Unsecured Loan	10.49%	48 months	$50,000.00 or 3 times gross monthly income of primary applicant whichever is less.	May require controlled payoffs based on loan decision.

Computer Loan	7.49%	36 Months	$5,000.00 or 3 times gross monthly income of primary applicant whichever is less.	Minimum payment is $50.00. Loan proceeds are made payable directly to computer store.

Book Loan	6.49%	12 Months	$500.00	Proceeds for books and educational supplies. Must provide proof of current enrollment in 9 or more units of class instruction.

Overdraft Protection Easy Line of Credit	Prime + 5% Based on Wall Street Journal on the 20th of each month. Loan rate is adjusted on the final day of the month.	Open – End	$25,000.00 or 3 times gross monthly income of primary applicant whichever is less.	Minimum payment is $25.00 or 2.5% of outstanding balance, whichever is greater.
(A .50% discount will be applied for all Point Loma Relationship Plan members.)

Share Secured Loan	3.0% over dividend rate of account used to secure loan.	60 months	100% of account value.

Certificate Secured Loan	3.0% over dividend rate used to secure loan.	Up to Certificate maturity date.	100% of account value.

Sharper Image Loan	11.49%	60 months	$25,000.00 or 3 times gross monthly income of primary applicant whichever is less.	Loan proceeds paid directly to doctor's office or medical facility.

PLCU’s maximum unsecured loan limit is $50,000.00 per qualifying member. This includes all individual and joint unsecured credit combined. Lighthouse Payment Protection Solution (LHPP) is available on qualified individual and joint loans. Conditions and limits may apply. See our Account Agreement and Open-ended Loan Disclosures for more information on our PLCU loan products. NOTE: All rates, terms and conditions are set by the Board of Directors and are subject to change. Please call the Credit Union for further information and conditions.