Signature Personal Line of Credit
Use and repay allotted funds on an as-needed basis.
- $20,000 loan maximum
- Revolving line of credit
- $75.00 processing fee
- No annual fee
Effective Date: Saturday, December 2, 2023
Minimum Loan | Maximum Loan | Term | Rates as Low as* | APR* |
---|---|---|---|---|
None | $20,000.00 | Revolving | 14.000% | 14.000% |
APR: Annual Percentage Rate is based on a $5,000.00 loan amount, unless otherwise noted.
Daily Periodic Rate: 0.026027%
Minimum Payment: Your minimum monthly payment will be 2.00% of your daily outstanding balance plus the amount of any prior minimum payments that you have not made or $25.00, whichever is greater.
*Rates and Annual Percentage Rates. Rates quoted require automatic payments from a Luso Federal Credit Union share draft checking account. Rates are increased by 0.25% if automatic payment is not set up.