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Fort Dodge Family Credit Union utilizes Risk Based Lending. We have established five levels which are based on your credit score. We use a Trans Union scoring model to obtain credit scores. Each scoring model may score slightly different.

We know that sometimes life happens, and credit scores may have suffered. However, we are here to help you get back on track. Working together we can create a plan to improve your financial well-being while improving your credit score.

For members with no credit score, we will start you at a Level “E” and work with you to build your credit.

Jump List

Auto Loans*
Model Year Term APR
NEW 60 Months 6.35%
2023 – 2024** 60 Months 6.35%
2021 – 2022 60 Months 6.35%
2019 – 2020 60 Months 6.40%
2017 – 2018 48 Months 6.45%
2015 – 2016 48 Months 6.75%
2014 and Older 36 Months 7.00%

* Secured loans over $20,000.00 may extend out 1 additional year.

** 2024 Used more than 6,000 miles

Recreational Vehicle Loans*
Model Year Term APR
NEW 60 Months 7.35%
2023 – 2024** 60 Months 7.35%
2021 – 2022 60 Months 7.35%
2019 – 2020 60 Months 7.40%
2017 – 2018 48 Months 7.45%
2015 – 2016 48 Months 7.75%
2014 and Older 36 Months 8.00%

* Secured loans over $20,000.00 may extend out 1 additional year.

** 2024 Used more than 6,000 miles

Home Equity Loans
Limit Term APR
80% of Value*
less 1st Mortgage		 3 Years 6.00%
5 Years 6.00%
7 Years 6.50%
10 Years 6.50%
15 Years 7.00%

* Appraisal Required

Personal Loans
Unsecured Limit Term APR
$12,000.00 12 Months 7.00%
24 Months 8.00%
36 Months 9.00%
48 Months 9.50%
60 Months 10.00%
$20,000.00* 36 Months 9.00%
48 Months 9.50%
60 Months 10.00%
72 Months 11.00%
84 Months 12.00%

* L8.20 Unsecured Special

  • Must be new loan funds. Minimum Loan at origination is $12,000.01.
  • Member cannot have two L8.20 loans at one time.
  • Debt ratio with new payment and consolidation of debt must be less than 40%.

Teen Loan Specials

Unsecured

up to
$1,000.00
Unsecured
5.60% APR
12 Months

Secured

up to
$10,000.00
Secured by auto
5.60% APR
Up to 48 Months

Certain restrictions apply. All loans subject to approval. Must be or qualify to and become a Fort Dodge Family Credit Union member to obtain a loan. APR = Annual Percentage Rate. Rate may vary based on credit score, type of loan and term. Rates, terms, and conditions are subject to change at any time. All rates displayed on the breakdown are based on Level “A” scores.

Levels
A 700+
B 650 – 699
C 600 – 649
D 550 – 599
E 0 – 549

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