Loan Rates
Effective April 1st, 2019
San Juan Mountains Credit Union's method for determining loan rates is based on Risk Base Lending. The actual rate charged will be determined using this method at the time a loan application is completed. Please use these rates only as a guide when you are estimating loan payments. Call (970) 249-5319 or (800) 301-5129 for the most current rates.
New and Used Auto
| Year | Term | Max 100%¹ A Credit Tier |
Max 100%¹ B Credit Tier |
Max 80%¹ C Credit Tier |
Max 75%¹ D Credit Tier |
|---|---|---|---|---|---|
| 2019-2018 | 66 Months | 3.75% APR* | 4.75% APR* | 9.25% APR* | 14.00% APR* | 2019-2018 | 72 Months | 4.75% APR* | 5.75% APR* | 10.25% APR* | 15.00% APR* |
| 2017-2015 | 66 Months | 4.00% APR* | 5.00% APR* | 9.50% APR* | 14.25% APR* |
| 2017-2015 | 72 Months | 5.00% APR* | 6.00% APR* | 10.50% APR* | 15.25% APR* |
Used Auto
| Year | Term | Max 100%¹ A Credit Tier |
Max 100%¹ B Credit Tier |
Max 80%¹ C Credit Tier |
Max 75%¹ D Credit Tier |
|---|---|---|---|---|---|
| 2014 – Older | 66 Months | 4.75% APR* | 5.75% APR* | 10.25% APR* | 15.00% APR* |
| 2014 – Older | 72 Months | 5.75% APR* | 6.75% APR* | 11.25% APR* | 16.00% APR* |
¹Max calls include Tax, Title, License, D and H, and all Cancelable Back-End Product - will over allow for GAP only.
*APR is Annual Percentage Rate.
Motorcycles, ATVs, Snowmobiles, Personal Watercraft
| Year | Term | Max 100%1 A Credit Tier |
Max 90%1 B Credit Tier |
Max 75%1 C and 70%1 Max D Credit Tier |
|---|---|---|---|---|
| Street Legal New and Used | 66 Months | 5.00% APR* | 6.00% APR* | 10.00% and 14.00% APR* |
| Street Legal New and Used | 72-84 | 5.75% APR* | 6.75% APR* | 10.75% and 14.75% APR* |
| Street Legal New and Used | 120-180 Months | 6.50% APR* | 7.50% APR* | 11.50% and 15.50% APR* |
| Off Road New and Used | 60 Months | 5.75% APR* | 6.75% APR* | 10.75% and 14.75% APR* |
| Off Road New and Used | 84 Months | 6.50% APR* | 7.50% APR* | 11.50% and 15.50% APR* |
¹Max calls include Tax, Title, License, DandH, and all Cancelable Back-End Product - will over allow for GAP only.
Other terms available depending on loan amount.
*APR is Annual Percentage Rate.
Personal Loans (Unsecured)
| Credit Tier | Max Loan Amount | Rate |
|---|---|---|
| A | $15,000 | 9.00% APR* | B | $7,500 | 11.00% APR* |
| C | $5,000 | 17.00% APR* |
| D | $2,500 | 19.00% APR* |
Unsecured loans are for a maximum term of 60 months. Minimum payment amount $50.00
*APR is Annual Percentage Rate.
