Loan Disclosures
Understanding payment estimates, disclosures, and APR.
Auto Loan Payment Estimates and Disclosures
- APR = Annual Percentage Rate.
- Rates and programs subject to change. Other conditions may apply.
- Lowest possible rate is shown, your rate may vary. Credit approval is required.
Personal Loan Payment Estimates and Disclosure
- On a $2,500, 36 month loan with a 10.74% APR=$82 per month
- Maximum personal loan allowed, including combined Personal Loan balance and Visa Credit Card available credit is $30,000.
- APR = Annual Percentage Rate.
Recreational Vehicle Payment Estimates
- APR = Annual Percentage Rate.
- Loan payment estimate example:
- on a $100,000, 84-month loan with a 7.25% APR = $1,522;
- on a $75,000, 120-month loan with a 9.25% APR = $961.
- Minimum $50.00 loan payment required. New RVs, BOATS, & TRAILERS: Up to $100,000 for up to 120 months. USED RVs, BOATS, & TRAILERS: Up to $75,000 for up to 120 months.
- Loan-to-Value:
- New RV = $100,000 at 100% LTV
- Used RV = $75,000 at 95% LTV
- New Boat/Trailer = $75,000 at 100% LTV
- Used Boat /Trailer = $50,000 at 95% LTV
VISA Disclosure
|
Interest Rates and Interest Charges
|
Visa APR as low as:
|
Visa APR up to:
|
Share-Secured Visa APR as low as:
|
|---|---|---|---|
| Annual Percentage Rate (APR) for Purchases | 12.50% | 18.00% | 9.50% |
| APR for Balance Transfers | 12.50% | 18.00% | 9.50% |
| APR for Cash Advances | 12.50% | 18.00% | 9.50% |
APR is based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
Penalty APR: None
Grace Period for Repaying the Balance: You will have twenty-five (25) days from the statement date to pay your entire new balance in full to avoid FINANCE CHARGES on new purchases. There is no grace period for cash advances and checking overdrafts.
Minimum Interest Charge: There is no minimum interest charge.
For Credit Card Tips from the Consumer Financial Protection Bureau: To learn more about factors to consider when applying or using a credit card, visit the website of the Consumer Financial Protection Bureau at: https://www.consumerfinance.gov/learnmore/
| VISA Credit Card Fee Disclosure | Type of Fee | Fee |
|---|---|---|
| Transaction Fees | Foreign Transactions | 1.00% of each foreign currency transaction in U.S. Dollars |
| 1.00% of each U.S. Dollar transaction that occurs in a foreign country | ||
| Penalty Fees | Returned Payment | $31.00 |
| Late Payment | $10.00 | |
| How We Will Calculate Your Balance | We use a method called "Average daily balance including new purchases." See Your Account Agreement for details. | |
| Billing Rights | Information on Your rights to dispute transactions and how to exercise those rights is provided in Your Account Agreement. | |
Skip-A-Payment Disclosure
*There is a $30 fee for each payment skipped. 1 skip available per calendar year. Interest will accrue during the period the payment is skipped. Credit cards, deposit-secured loans, and real estate loans do not qualify. Other conditions apply: see the Terms and Conditions form provided when the Skip-A-Payment is requested. To request Skip-A-Payment, call (800) 944-2200, ext. 9, or stop by any First City branch. You can also request a Skip-A-Payment within the Account Access function of the FirstCitylink online banking service.
First City Credit Union is a nation leading 5-star financial institution with locations across Los Angeles.