Check with us about refinancing your existing new or used vehicle loan from another lender. Our rates may beat what you have now, and possibly lower your existing payment.

Credit Union Direct Lending
Get your credit union auto financing right at the dealership!
Fort Bragg Community Federal Credit Union participates in the Credit Union Direct Lending (CUDL) program, allowing you access to area dealerships that can get your credit union auto loan approved right there at the dealership.  Just visit any participating CUDL dealer, request your financing through your Fort Bragg Credit Union, and drive away in your new or used vehicle - all in one visit!

New - Motorcycle, 4 Wheeler, Boat, Jet-ski, Travel Trailer or Horse Trailer

LOAN TYPE	LOAN AMT	MAX TERM	PREFERRED APR**	SUPERIOR APR**	PREMIUM APR**	STANDARD APR**
New Recreational Vehicles	100% financing of purchase price	60-mo to 84-mo	5.75%* 72-mo 6.25% 84-mo 6.75%	6.00%* 72-mo 6.50% 84-mo 7.00%	8.75%* 72-mo 9.75% 84-mo 10.25%	14.25%*

*Rate reflects discount of 1/4% automatic automatic payments
**APR is the annual percentage rate
All loans are calculated on simple interest with no pre-payment penalty.
All security must have damage and theft insurance.

Filing Fee:  DMV charges a transfer fee to place and release the credit union's name as lienholder of security used for loan.
Late Charge:  Late charge of 20% of the interest due, not to exceed $15.00, when payment is more than 15 days delinquent.

Loan & Credit Management
Great Information to Build and Rebuild Your Credit

LOAN TYPE	LOAN AMT	MAX TERM	PREFERRED APR**	SUPERIOR APR**	PREMIUM APR**	STANDARD APR**
Personal Loan	Up to $10,000.00 FICO 700 & above	60 Months	9.25%*	10.25%*	14.75%*	17.75%*
Personal Line of Credit	$10,000.00 per signature	OPEN	Prime Rate no lower than 4%	Prime Rate plus 1% no lower than 5%	not eligible	not eligible

Our basic Personal loan is secured with your signature and your good name.  Use a personal loan to finance unexpected emergency expenses, home repairs, big screen TV's, or a long deserved vacation for you and your family. We offer fixed rates and terms up to 5 years.

Our Personal Line of Credit lets you access your line of credit easily with special PLC checks or if you choose, you can link this directly to your Fort Bragg Credit Union checking account and access through overdraft with check or VISA Check Card.
What better way to access money when you really need it and at your convenience.

*Rates reflect 1/4% discount for automatic payments
**APR is annual percentage rate
All loans are calculated on simple interest with no prepayment penalty.

Late Charge:  Basic Personal Loan - late charge of 20% of interest due, not to exceed $15.00, when payment is more than 15 days delinquent.
                    Personal Line of Credit - $10.00 fee when payment falls 15 days delinquent.

Borrowing and Repaying Loans
What are Your Responsibilities - Should You Co-Sign a Loan?


What is a FICO SCORE?

Borrow against your credit union savings at a low fixed rate, using your own money as
collateral.  Your account continues to earn dividend to help off-set the low cost of the loan.
Many members find borrowing against their own funds helps them maintain their savings,
it's like paying yourself back.

With this loan you get:
 
LOW FIXED RATE OF 3% OVER LAST DIVIDEND PAID
TERMS UP TO 60-MONTHS
AFFORDABLE PAYMENTS
FAST, SAME DAY PROCESSING  

Building Credit
How To Establish Good Credit

LOAN TYPE	LOAN AMOUNT	MAX TERM	PREFERRED APR**	SUPERIOR APR**
Home Equity Line of Credit	80% of appraised value	Min - $10,000.00 Max - $75,000.00  15 yr maturity 10 yr draw period	Prime rate* as published in the Wall Street Journal *no lower than 4% Plus appraisal/recording fee*	Prime rate* as published in the Wall Street Journal Plus 1/2% *no lower than 4 1/2 % Plus appraisal/recording fee*

* $400.00 appraisal and recording fee, due at time Loan Application is submitted.
**APR is the annual percentage rate
All loans are calculated on simple interest with no prepayment penalty.

A Home Equity Line of Credit is a convenient source of cash you can use anytime.  Use it for financing vacations, major purchases, unexpected expenses, bill consolidation and more.  Plus, a Home Equity Loan often offers tax advantages. (Consult your tax advisor to see if the interest you pay is tax deductible)

Here are the guidelines on our Home Equity Line of Credit:

• Available on owner occupied property only
• Amounts available, $10,000.00 to $75,000.00
• Rates as low as prime - no lower than 4%
• Borrow up to 80% of appraised value, 75% of combined loan to value if you have a first mortgage
• 10 year draw period - 15 year repayment/maturity
• $400.00 for appraisal and recording fee at time when application is submitted
• Fast and easy processing

Give us a call @ 964-4966 today, for current rates and see how our Home Equity Line
of Credit can benefit you.                                                              

Improving
Home Improvement Advice on Financing & Contractors

What is a FICO SCORE?
(Fair Isaac Corporation)

Lenders use credit scores to determine whether to grant you a loan and what your interest rate will be.  Credit scores can vary from 300 to 850.  The higher the credit score the lower your interest rate.

Fair Isaac uses 22 pieces of data collected from three major credit bureaus to measure credit scores.  You have three FICO scores, one from each of the three major bureaus.  They are Equifax, Experian and TransUnion.  The final score (FICO) is a composite that come from ratings in 5 categories:

                      1.  Payment History =           35% of rating
                      2.  Length of Credit History = 15% of rating
                      3.  New Credit =                  10% of rating
                      4.  Types of Credit Used =     10% of rating
                      5.  Borrowing Capacity =       30% of rating

                               INCOME IS NOT A FACTOR!

The negative factors that may affect your score can remain on your credit score for
up to seven years.

How to maintain and raise your credit score