Loan Rates

Loan rates effective 2/1/2019

Maximum new car loan will be 100% of the purchase price not including tax.
Must have a Beacon Score of 600 to qualify for loans.

New Cars & Used Cars (2019, 2018, 2017)

Beacon Score725+651 – 724600 – 650
36 Months3.00%4.00%5.00%
48 Months3.00%4.00%5.00%
60 Months4.00%5.00%6.00%
72 Months4.25%5.25%6.25%

Used Cars (Model Years 2014-2016)

Beacon Score725+651 – 724600 – 650
36-48 Months3.50%4.50%5.50%
60 Months4.25%5.25%6.25%

Used Cars (Model Years 2011-2013)

Beacon Score725+651 – 724600 – 650
36-48 Months4.75%5.75%6.75%
60 Months5.25%6.25%7.25%

Used Cars (Model Years 2010 & Older)

Beacon Score725+651 – 724600 – 650
24 Months8.50%9.50%10.50%

Share Loans / CD Loans

*** No Share or CD loans for over 60 Months

Beacon Score725+651 – 724600 – 650
All Loans3.00%3.00%3.00%

Signature Loans

*** Maximum Amount $2,500.00

Beacon Score725+651 – 724600 – 650
24 Months Maximum6.00%7.00%8.00%

Home Equity Loans – Fixed Rate

*** Minimum Amount $5,000.00

Beacon Score725+651 – 724600 – 650
60 Months4.75%5.75%6.75%
120 Months5.25%6.25%7.25%

$100.00 Charge for collateralized loans cancelled within 90 days of disbursement No refinancing of existing HFCU loans to lower rate without an increase in principal. Special 1/4% discount to repeat loan members with past loans paid as agreed with no charge offs. Boat, Jet Ski, RV, Motorcycle, Trailer same as new or used car rates. Holy Family Parma Federal Credit Union does not except salvage car titles as collateral for car loans. School Loans are 1.99%, check must be made out to the school, Maximum Term is one(1) year.

No Signature Loans to Applicants that do not have a Credit Score of 600, or if not, A Co-Signer with a Credit Score of 700+