- Mortgages
- Construction Financing
- Home Equity
- Home Improvement Loans
- Personal Loans
- Auto Loans
- Credit -Builder Loan
- Line of Credit
Other Consumer Loan Interest Rates
Rates as of July 1, 2010
Adjustable-Rate Line of Credit
|
APR** |
|
| Line of Credit | 8.65% |
Business Loans
|
Credit Score* |
Term |
Interest Rate |
| 700 & Above | Up to 48 Months (Secured) | 7.95% |
| 49 to 60 Months (Secured) | 8.25% | |
| Up to 48 Months (Unsecured) | 7.95% | |
| 49 to 60 Months (Unsecured) | 8.50% | |
| 650 to 699 | Up to 48 Months (Secured) | 8.50% |
| 49 to 60 Months (Secured) | 9.25% | |
| Up to 48 Months (Unsecured) | 9.00% | |
| 49 to 60 Months (Unsecured) | 10.00% | |
| 649 & Below | Up to 48 Months (Secured) | 9.50% |
| Up to 48 Months (Unsecured) | 10.00% |
Business Loan Payment Examples (Secured Loans)
|
Credit Score* |
Term |
Amount Borrowed |
Monthly Payment |
Total Loan & Interest |
APR** |
| 700 & Above | 60 | $7,500 | $152.94 | $9,176.40 | 8.241% |
| 650-699 | 60 | $7,500 | $156.56 | $9,393.60 | 9.239% |
| 649 & Below | 48 | $7,500 | $188.37 | $9,041.76 | 9.485% |
* Credit scores are based on information collected by credit bureaus and information reported each month by your creditors about the balances you owe and the timing of your payments. A credit score is a compilation of all this information converted into a number that helps a lender to determine the likelihood that you will repay the loan on schedule. The credit score is calculated by the credit bureau, not by the lender. Credit scores are calculated by comparing your credit history with millions of other consumers.
**Annual Percentage Rate
-
Loans subject to credit approval
-
Interest rates and programs are subject to change without notice
-
Interest rates will be discounted 0.25% with Auto Pay from a Chemung Canal checking or savings account
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