Notes:

(1) Rate:

The rate for this product is determined by: Applicant’s credit, payment history, amount of credit, payment method, and collateral as applicable. The rate reflects discount of .50% ANNUAL PERCENTAGE RATE (APR) (0.001370% daily periodic rate) for all loans except Personal Line of Credit.1.00% APR (0.002740% daily periodic rate) for Personal Lines of Credit. Reduced rate applies with automatic transfer payment from Stanford Federal Credit Union (SFCU) account into which a Regular Periodic Electronic Deposit is made equal to or greater than the Payment amount or payment via ACH (SFCU originating or receiving). If you fail to maintain the service which qualifies you for a special loan rate or if you are in default on any loan you have with the us, we may, at our option, change the rate charged on all loans pursuant to the Open End Plan agreement to the greater of the non-reduced rate in effect when the loan was made or the non-reduced rate in effect on the date the qualifier service for each loan was terminated. When the rate increases in this fashion, it has the effect of increasing the number of payments required to pay the balance in full. Your actual rate may vary.

(2) Terms:

New Auto & New Auto Equity

60 months or less if financing under $20,000; 72 months or less if financing $20,000 or more; 84 months or less if financing $30,000 or more.

Used Auto & Used Auto Equity

48 months or less if financing under $10,000; 60 months or less if financing $10,000 or more; 72 months or less if financing $20,000 or more; 84 months or less if financing $30,000 or more.

Note:

Used Auto = Vehicles 10 years or newer with less than 100K miles, Classic Auto = Vehicles 20 years or older Vehicles 11 to 19 years old considered as Non-Conforming Older Auto (Rate is based on unsecured loan rate).

Motorcycle New & Used

60 months or less if financing under $10,000; 72 months or less if financing $10,000 or more.

New & Used RV

60 months or less if financing under $10,000; 84 months or less if financing $20,000 or less; 144 months or less if financing $20,001 or more.

New & Used Boat

60 months or less if financing under $10,000; 84 months or less if financing $20,000 or less; 120 months or less if financing $20,001 or more.

Marine Boat

96 months or less if financing $25,000 - $40,000; 120 months or less if financing $40,001 - $60,000; 144 months or less if financing $60,001 or more.

(3) Share Secured Loan:

ANNUAL PERCENTAGE RATE (APR) is 2% above the dividend rate being paid on the share account at the time the loan is secured. The ANNUAL PERCENTAGE RATE and corresponding Daily Periodic Rate will be shown on the Loan Advance Voucher. Maximum Term 60 months.

(4) Certificate Secured Loan:

ANNUAL PERCENTAGE RATE (APR) is 2% above the dividend rate being paid on the certificate account at the time the loan is secured. The ANNUAL PERCENTAGE RATE and corresponding Daily Periodic Rate will be shown on the Loan Advance Voucher. Term will match term of certificate pledge; 60 months maximum. (Remaining unpaid loan balance, if any, will be due and payable upon maturity of the certificate)

Late Charge:

If any payment is more than 10 days late, a late charge will be assessed equal to 20% of the interest due, but no less than $1.00.