EFFECTIVE DATE: February 2, 2012
Annual percentage rate - lowest published broker call rate as listed in the Wall Street Journal - rounded up to the nearest 1/4% - plus the appropriate percentage for the term requested.
| Single Pay: Up to 12 months: | N/A | Plus 1.00% | N/A | Plus 1.75% |
| Amortized: Up to 60 months: | Plus 2.00% | Plus 2.25% | Plus 2.50% | Plus 2.75% |
| Up to 120 months: | Plus 2.50% | Plus 2.75% | Plus 3.00% | Plus 3.25% |
*Variable rates may increase or decrease during the term of the loan. APR - Annual Percentage Rate - lowest published broker call rate as listed in the Wall Street Journal - rounded up to the nearest 1/4% - plus the appropriate percentage for the term requested.
Loan Value:
A rated - 75%
B rated - 65%
C rated - 50%
Payment Example (Rate effective 12/21/10): Stock Loan: A 5 year loan for $10,000 at 4.00% fixed APR would have 60 monthly payments of $184.18 per month.
† Based on call rate of 2.0% as of 10/22/09
All loans are subject to creditworthiness.
All Rates and Terms are subject to change without notice.
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