Rates
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.
| Auto and Recreational | ||
| Term | APR | |
| New | 60 Months | 2.55% |
| 2020 – 2021* | 60 Months | 2.65% |
| 2018 – 2019 | 60 Months | 2.80% |
| 2016 – 2017 | 60 Months | 2.90% |
| 2013 – 2015 | 48 Months | 3.00% |
| 2011 – 2012 | 48 Months | 3.95% |
| 2010 and Older | 36 Months | 4.55% |
| *2021 Used more than 6,000 miles | ||
| Personal Loan Special | |||||||||||
| Loan Special* | Term | APR | |||||||||
| $1,500 – $20,000 | 36 Months | 5.00% | |||||||||
*Contact the Credit Union for terms and restrictions.
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| Other terms are available | ||
| Home Equity | ||
| Term | APR | |
| 10 Years | 4.50% | |
| 80% of Value (Less 1st Mortgage) Appraisal Required | ||
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. Rates 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” score.
| Levels | |
| A | 700+ |
| B | 650 – 699 |
| C | 600 – 649 |
| D | 550 – 699 |
| E | 0 – 549 |
