Fixed LOAN RATES4 effective
Before you apply for a loan, find out whether the kind of loan you seek is among those we offer at this time. To review a summary of our rates & policies--and learn Helpful Information About Borrowing from Women's Southwest--scroll down. Please contact us with any questions you may have
When you are ready, click on: apply for a loan.
For a one-page, printable PDF file summary of our loan rates, click here.
To compute your monthly payments--with and without Payment Protection, PASTE the link below into your browser
All rates are fixed
Annual Percentage Rates (APRs).
"risk-based" pricing and credit score plays a role in rates.
For a printable PDF file of our Risk-Based Pricing notice,
here. The loan information here is a summary
for details. All
loans except Credit Builder, Share-Secured, and Incentive are subject
to credit approval. Rates,
terms, and conditions, are subject to change without
MOTOR VEHICLE PURCHASE
Loans to buy new cars; some demo cars; some cars with fewer than 10,000 miles; motorcycles; motor homes. Maximum loan on a motor home = $35,000. You may apply for 100%+ of the cost of the car; to reduce your chances of becoming “upside down,” borrow 90% or less of the Dealer Invoice price.
months to pay on $15,000 & up. Otherwise
60 mos. maximum.
¨Used MOTOR VEHICLES5 : Autos, Motor Homes, & Motorcycles – 2006-2010 models & Classic Cars**
Buy, refinance, or use a vehicle you own to back a loan with us for another purpose, such as buying a PC or paying
Take advantage of free used car values & car-buying coaching for members! Also, a free article on how to pay
for a car. Just ask. You
may apply for up to N.A.D.A. “average trade-in” value. (To
reduce your chances of your loan becoming “upside down,” borrow ≤
*Maximum used vehicle term: 60 months if certified, 48 months if NOT certified.
If your loan is approved you’ll be required to submit an
inspection by a mechanic. Ask
**Classic cars: you may finance a classic car, refinance your classic car loan, or use your classic car as collateral
a loan if :
It is listed in National
Automobile Dealers’ Association (NADA) guide;
It is in good or excellent condition.
CREDIT CARDS 6
PERSONAL Loans and Regular Credit Cards6
Minimum monthly payment on credit cards is 5% of the balance. APRs
= 7.00% to
18.00%. (See, too, Savings-Backed Credit
INFORMATION ABOUT BORROWING FROM WOMEN’S SOUTHWEST:
1. Pay less each month—and receive a lower
loan rate. Offer savings—or a motor vehicle—as collateral for your loan.
2. Minimum amount for all loans = $500.
3. Great service: borrowing $ to consolidate debts? We’ll send the checks to your credit card companies for you!
4. Rates available to members are “risk-based.” The rate our Credit Committee initially approves for you will depend on such factors as
the collateral you offer to back the loan, your credit score, & ratios of your debts to your income at the time you apply. If your
application is approved, the rate you pay will be the rate that is in effect for your “Grade” on the date that your loan is funded. Rates
listed above reflect the lowest to highest rates within all grades that we offered as of the effective date above. Rates, terms, and
conditions are subject to change without advance notice.
5. Title Transfer Processing Time Fee. If a dealer won’t handle the title transfer on the car, motor home, or motorcycle you offer
collateral for your loan, you will pay a fee for the extra time
it takes our
staff to process the paperwork: For
motor vehicles in California &
Texas, $25 + actual cost; for vehicles lin other states & DC 99+cost.
7. Avoid being "Upside Down." Learn how to prevent this pitfall
when you finance cars, motor homes, etc.
8. Mortgage Loan Resources (we don't make mortgage loans)