Loan Rates
Pee Dee Federal Credit Union offers a variety of loan options. Rates are based on qualifying criteria and your overall creditworthiness. Rates are subject to change without notice.
| Loan Type | Rate |
|---|---|
| OVERDRAFT PROTECTION $500 or $1000 |
APR* 14.00% - 18.00% |
| PERSONAL LOANS | APR* 13.25% - 18.00% |
| PERSONAL LINES OF CREDIT $500 - $25000 |
APR* 14.00% - 18.00% |
| STSA PERSONAL LOAN | APR* 28.00% |
| NEW & USED AUTOS |
APR* As Low As 6.24% - 18.00% |
| MISCELLANEOUS EQUIPMENT |
APR* 11.25% - 18.00% |
| BOATS, MOTORCYCLES & RECREATIONAL VEHICLES New & Used |
APR* 9.25% - 18.00% |
| SHARE SECURED | APR* Share Rate + 3.00% |
| SHARE-CERTIFICATE SECURED | APR* Certificate Rate + 3.00% |
| VISA CLASSIC/ SHARE SECURED VISA No annual fee, no cash advance fee, 25-day grace period, low fixed rate |
APR* 11.99% |
|
VISA PLATINUM No annual fee, no cash advance fee, 25-day grace period, low fixed rate |
APR* First Six Months 3.99%, then A Fixed rate of 7.99% |
| REAL ESTATE LOAN & HOME EQUITY | APR* Please contact the credit union for details. |
Loan Promotions
Please call the credit union at (843) 669-0461 for any loan promotions that may be in progress.
Actual Rate
Your rate will be within the range disclosed, and will be based on your overall creditworthiness. Your ANNUAL PERCENTAGE RATE (APR), corresponding daily periodic rate, amount and due date of payments for each loan sub-account will be determined at the time of each advance and disclosed on an advance request voucher. Other charges may apply as shown below.
Share-Certificate Secured Loans
The ANNUAL PERCENTAGE RATE (APR) for certificate-secured advances will be the dividend rate being paid on the Certificate offered as security plus 3.00%. The certificate must be renewed until the advance is completely paid. Failure to renew will result in default under the plan. When the certificate is renewed, the APR will change to reflect the new dividend rate. If there is an existing balance on the dividend date, the existing balance will be added to the new advance and the entire balance will be at the new APR. Any increase in the APR will result in higher payments. The ANNUAL PERCENTAGE RATE and daily periodic rate will be disclosed on the voucher at the time of the advance.
Minimum Payment
Your minimum payment will never be less than $25.00 a month.
Filing Fees
You will be charged a lien filing fee at the time of an advance if the credit union takes a security interest in your collateral. The amount of the filing fee will be based upon the amount of fee required by state law for the credit union to obtain a lien on your property. The amount of the filing fee will be disclosed on the voucher at the time of the advance. If you fail to perfect our lien on the specified collateral on any collateralized loan, the credit union will change the ANNUAL PERCENTAGE RATE to the personal loan rate then in effect.
Security
All loans are secured by property specifically pledged and shares on deposit with the credit union. In addition, all loans are cross-collateralized by all property and shares pledged to secure any loan or advance. Cross-collateralized and pledge of shares does not apply to your home, IRA account or any other account that would lose special tax treatment under state or federal law if given as security.
Late Charges
If you are more than 10 days late in making a payment, you agree to pay 5% of the payment amount up to a maximum of $25.00
Collection Costs
You agree to pay all costs of collecting the amount you owe under this Agreement, including court costs and reasonable attorney fees.