KGC Federal Credit Union offers members loan specials throughout the year. Members may borrow up to $1,000 for 12 months at just 8.5% APR as part of these loan specials:
Tax Special: March – April
Vacation Special: June and July
Back-to-School Special: August and September
Christmas Special: November and December
See our Current Loan Rates below for rate and disclosure information on these services.
Our loan programs include:
To apply for a loan, simply stop in the office for an application. You may also call or email a request for an application to be mailed to you. Automatic payment is available with any of our loan services.
New & Used Vehicles, Motorcycles, and Recreation Vehicles (campers, boats, ATVs)
| Description | Term | APR* |
|---|---|---|
| New untitled / less than 20,000 miles | up to 84 months** | as low as 2.50% |
| up to 72 months | as low as 2.50% | |
| up to 60 months | as low as 2.25% | |
| up to 48 months | as low as 2.00% | |
| up to 36 months | as low as 2.00% | |
| Used 2014 -2018 | up to 72 months | as low as 3.50% |
| up to 60 months | as low as 2.50% | |
| up to 48 months | as low as 2.00% | |
| Used 2010 - 2013 | up to 60 months | as low as 5.50% |
| up to 48 months | as low as 5.00% | |
| up to 36 months | as low as 4.75% |
Recreational Vehicles: New up to 60 mo. as low as 2.74%, up to 84 mo. as low as 3.00%. Used-up to 60 mo. as low as 3.74%. up to 84 mo. as low as 4.00%
**Must borrow over $30,000.00 to qualify for 84 month term. Members with Risk Score of 700 or above may qualify to borrow up to $55,000.00 on a New Vehicle Secured Loan.
We finance only 80% of the sticker or retail value for those members whose Risk Score is 599 and below.We finance up to 100% of the sticker price on new vehicles and up to 100% of the NADA Average Retail Value on used vehicles.
Share Secured Loans
| Type | Term | APR | Monthly payment per $1,000 borrowed |
|---|---|---|---|
| 100% secured | 60 months | 4.00% APR | $18.42 |
| 50% | 60 months | 8.00% | $20.28 |
Signature (Personal) Loans
All rates and terms are determined by your Fair Issac Risk Score and Debt Ratio
| Term | APR |
|---|---|
| up to 60 months | as low as 8.75% |
| up to 48 months | as low as 8.25% |
| up to 36 months | as low as 7.75% |
| up to 24 months | as low as 7.50% |
| up to 12 months | as low as 7.25% |
*APR = Annual Percentage Rate **The posted rates includes a 1/4 (0.25%) discount for automatic deduction of the payment from a KGC Federal Credit Union deposit account.