Are you considering taking out a loan from Patelco Credit Union? If so, you’re likely wondering what sorts of interest rates are available. In this article, we’ll explore the various loan rates available at Patelco Credit Union.
Personal Loans
Patelco Credit Union offers personal loans to members in need of a personal loan. There are two types of loans available: secured and unsecured. With a secured loan, you are required to put up collateral or a security deposit to secure the loan. This can be in the form of a car, home, or other valuable asset. On the other hand, an unsecured loan does not require any collateral or security deposit. Both types of loans come with different interest rates, depending on the length of the loan and the amount of money borrowed. Generally, personal loans can range from 6.99% to 18.99% APR.
In addition, Patelco Credit Union offers special rates for members who have a qualifying account balance. These rates can help you save money on the interest rate you pay and help you get the loan you need. The exact rate you receive will depend on your credit score and other factors.
Auto Loans
If you’re looking to buy a car, Patelco Credit Union offers auto loans with competitive interest rates. The interest rate you get will depend on the amount of money you borrow, the type of car you are buying, and your credit score. Generally, auto loan interest rates range from 2.99% to 8.99% APR. Patelco Credit Union also offers special rates for members with a qualifying account balance.
In addition, Patelco Credit Union offers different types of auto loans. You can choose a fixed-rate auto loan, which will keep your interest rate the same for the duration of the loan term. Alternatively, you can choose a variable-rate auto loan, which may start at a lower rate but can increase or decrease during the loan term. The exact loan rate you receive will depend on your credit score and other factors.
Home Equity Loans
Patelco Credit Union also offers home equity loans for members who own a house. Home equity loans are secured loans that use the equity in your home as collateral. These loans can be used for a variety of purposes, including home improvements, debt consolidation, and more. Rates for home equity loans range from 5.99% to 7.99% APR.
Additionally, Patelco Credit Union offers home improvement loans. These loans are designed to help members make improvements to their home, such as remodeling or repairs. The interest rate you receive will depend on the amount of money you borrow, the type of improvements you’re making, and your credit score. Generally, rates range from 5.99% to 8.99% APR.
Small Business Loans
If you’re a small business owner, Patelco Credit Union offers small business loans with competitive interest rates. The exact rate you receive will depend on the amount of money you borrow, the type of loan you are applying for, and your credit score. Generally, small business loan rates range from 6.99% to 8.99% APR.
In addition, Patelco Credit Union offers special rates for members with a qualifying account balance. These special rates can help you save money on the interest rate you pay and help you get the loan you need.
Conclusion
When it comes to taking out a loan from Patelco Credit Union, you’ll want to make sure you understand the various loan rates available. Whether you’re taking out a personal loan, an auto loan, a home equity loan, or a small business loan, you’ll want to make sure you get the best rate possible. Patelco Credit Union offers competitive rates and special rates for members with a qualifying account balance. With a little bit of research, you can get the loan you need at a rate you can afford.
