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Recreational Vehicles
|
Following are Lake Trust rates |
| Large Recreational Vehicles | |||
| Effective Date: Monday, February 6, 2012 | |||
| Boats, Travel Trailers & Motor Homes | |||
| Minimum Amount to Finance | Term | Daily Periodic Rate | Annual Percentage Rate (APR) |
Rates as low as 4.50% | |||
| $7,500 | Up to 72 Months | 0.012329% to 0.039726% | 4.5% to 14.5% |
| $10,000 | 73 to 84 Months | 0.012329% to 0.039726% | 4.5% to 14.5% |
| $12,500 | 85 to 120 Months | 0.012329% to 0.039726% | 4.5% to 14.5% |
| $15,000 | 121 to 144 Months | 0.012329% to 0.039726% | 4.5% to 14.5% |
| $20,000 | 145 to 180 Months | 0.012329% to 0.039726% | 4.5% to 14.5% |
| $50,000 | 145 to 180 Months | 0.012329% to 0.039726% | 4.5% to 14.5% |
| Power Sport & Small RV | |||
| Effective Date: Monday, February 6, 2012 | |||
| Motorcycles under 900cc - ATV's - Snowmobiles - Jet Ski - Campers - Tractors - Trailers - Mowers & Large RV's under $7,500 financed | |||
| Minimum Amount to Finance | Term | Daily Periodic Rate | Annual Percentage Rate (APR) |
Rates as low as 6.50% | |||
| None | 48 Months or Less | 0.019863% to 0.047260% | 7.25% to 17.25% |
| $5,000 | 49 to 60 Months | 0.019178% to 0.046575% | 7.00% to 17.00% |
| $10,000 | 61 to 72 Months | 0.018493% to 0.045890% | 6.75% to 16.75% |
| $15,000 | 73 to 84 Months | 0.017808% to 0.045205% | 6.50% to 16.50% |
| LOAN TERMS AND CONDITIONS | |||||
| All Rates Expressed as Annual Percentage Rate (APR) | Your rate will be in the ranges disclosed above and will be based on your credit history, approximate term, and security offered. A loan officer will let you know the rate you qualify for after reviewing your application documents. | ||||
| Collection Cost | You promise to pay all costs of collecting your delinquent accounts to the extent permitted by State law. | ||||
| Late Charge | If a payment is more than 10 days late, you may be charged 2% of the payment due ($10.00 minimum). | ||||
501 S. Capitol Ave., Lansing, Michigan 48933-2320 | Phone: 888.267.7200 | Routing Number 272078268
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act