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Consumer Title

Interest Rate(s) and Annual Percentage Rate(s) (APR) are accurate as of 12/01/2017 06:00:00 AM

Actual interest rate charged may vary based on borrowers' credit score; term; and type, age and condition of the collateral.

New Autos, Boats and RV's INTEREST
RATE
ANNUAL
PERCENTAGE
RATE
< 24 months 3.500% 3.500%
< 36 months 3.500% 3.500%
< 48 months 3.625% 3.625%
< 60 months 3.750% 3.750%
< 72 months 4.000% 4.000%
     

 

Used Auto, Boats and RV's INTEREST
RATE
ANNUAL
PERCENTAGE
RATE
< 24 months 4.000% 4.000%
< 36 months 4.000% 4.000%
< 48 months 4.250% 4.250%
> 48 months 4.500% 4.500%

 

Other Secured INTEREST
RATE
ANNUAL
PERCENTAGE
RATE
< 48 months 4.500% 4.500%
> 48 months 4.750% 4.750%

APRs above assume a loan of $6,480.00 for the specified term.

Loans less than $6,480.00 will be subject to a $25.00 loan administrative fee.

Unsecured INTEREST
RATE
ANNUAL
PERCENTAGE
RATE
< $2,500.00 18.000% 19.046%
APR above assumes a loan of $2,499.00 for 24 months at 18.00% interest with a $25.00 processing fee.
> $2,500.00 8.000% 8.995%
APR above assumes a loan of $2,500.00 for 24 months at 8.000% interest with a $25.00 processing fee.

 

SMALL LOANS:
Any loans less than $2,500.00 will be charged 18%. Loans less than $6,480.00 will be subject to a $25.00 loan administrative fee.

 

Rates stated will be honored during posted lobby hours each day.

Our trade area is a 30 mile radius of the City of Lake City within the state of Minnesota. LCFB reserves the right to reject any application outside our trade area.