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We can help you finance anything from a new car to a new home.

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Loans

AUTO LOAN

Low rates and flexible payment terms for traditional auto loans. You can even apply for a loan right at the dealership - just ask for financing through iQ Credit Union. And Auto Mentors is available to assist you through the entire process of purchasing your vehicle. 

Loan Type APR Payment Schedule Monthly Payment Per $1,000 Borrowed
2013 & Newer 1.99% – 11.99% up to 36 months $28.64 - $33.21
  2.29% – 12.29% up to 48 months $21.82 - $26.48
  2.39% – 12.39% up to 60 months $17.70 - $22.44
  2.69% – 12.69% up to 72 months  $15.06 - $19.91
  2.99% – 4.49% up to 78 months  $14.12 - $14.81
  3.09% – 4.59% up to 84 months  $13.25 - $13.94
 2009 – 2012 2.59% – 12.59% up to 48 months $21.95 - $13.90
  2.69% – 12.69% up to 60 months $17.83 - $22.62
  2.99% – 12.99% up to 72 months $15.19 - $20.07
  3.29% – 4.79% up to 78 months  $14.26 - $14.95
  3.39% – 4.89% up to 84 months  $13.39 - $14.08
 2008 & Older 4.09% – 14.09% up to 48 months $22.62 - $27.37
  5.09% – 15.09% up to 60 months $18.91 - $23.84
 
APR = Annual Percentage Rate. Actual rates depend on member credit qualifications, including term of loan, age of vehicle, credit and employment history.

Loan Type APR Payment Schedule Monthly Payment Per $1,000 Borrowed
2013 & Newer 1.99% – 11.99% up to 36 months $28.64 - $33.21
  2.29% – 12.29% up to 48 months $21.82 - $26.48
  2.39% – 12.39% up to 60 months $17.70 - $22.44
  2.69% – 12.69% up to 72 months  $15.06 - $19.91
  2.99% – 4.49% up to 78 months  $14.12 - $14.81
  3.09% – 4.59% up to 84 months  $13.25 - $13.94
 2009 – 2012 2.59% – 12.59% up to 48 months $21.95 - $13.90
  2.69% – 12.69% up to 60 months $17.83 - $22.62
  2.99% – 12.99% up to 72 months $15.19 - $20.07
  3.29% – 4.79% up to 78 months  $14.26 - $14.95
  3.39% – 4.89% up to 84 months  $13.39 - $14.08
 2008 & Older 4.09% – 14.09% up to 48 months $22.62 - $27.37
  5.09% – 15.09% up to 60 months $18.91 - $23.84
 
APR = Annual Percentage Rate. Actual rates depend on member credit qualifications, including term of loan, age of vehicle, credit and employment history.

MOTORCYCLE, BOAT, OR RV LOAN

We can help you plan your escape by two wheels, no wheels, or RV. Get out with our help. 

Loan Type APR Payment Schedule Payment Per $1,000 Borrowed
2015 - 2017 3.99% – 13.99% up to 60 months $18.41 - $23.26
  4.99% – 14.99% up to 120 months $10.60 - $16.13
  5.49% – 15.49% up to 180 months $8.17 - $14.33
2014 & older 4.49% – 14.49% up to 60 months $18.64 - $23.52
  5.49% – 15.49% up to 120 months $10.85 - $16.43
  5.99% – 15.99% up to 180 months $8.43 - $14.68
 
APR = Annual Percentage Rate. Actual rates depend on member credit qualifications, including term of loan, age of vehicle, credit and employment history.

Loan Type APR Payment Schedule Payment Per $1,000 Borrowed
2015 - 2017 3.99% – 13.99% up to 60 months $18.41 - $23.26
  4.99% – 14.99% up to 120 months $10.60 - $16.13
  5.49% – 15.49% up to 180 months $8.17 - $14.33
2014 & older 4.49% – 14.49% up to 60 months $18.64 - $23.52
  5.49% – 15.49% up to 120 months $10.85 - $16.43
  5.99% – 15.99% up to 180 months $8.43 - $14.68
 
APR = Annual Percentage Rate. Actual rates depend on member credit qualifications, including term of loan, age of vehicle, credit and employment history.

HOME EQUITY LINE OF CREDIT

By tapping into your home equity, you can get a variable rate loan with the flexibility of a line of credit. We offer up to three different variable rate loans from your approved amount. 

Loan Type APR Fixed or Variable Rate Index Margin Annual Fee
80% Smart Equity Line of Credit 3.75% – 5.00% Variable Prime Rate -.25% – 1.00% $35
85% Smart Equity Line of Credit 4.75% – 5.25% Variable Prime Rate .75% – 2.00% $35
100% Smart Equity Line of Credit 5.75% – 6.25% Variable Prime Rate 1.75% – 3.00% $35
 
APR = Annual Percentage Rate. Actual rates depend on member credit qualifications including credit and employment history, and amount of equity in the property. The current Wall Street Journal prime index rate is 4.00%. We add a margin to the index to determine the actual interest rate. The minimum APR is 3.75% The maximum APR is 15.00%. Rates for fixed term conversions taken against the line range from 6.30% APR to 9.15% APR. Loan Costs: Range between $155 and $1,500 to cover third party costs, and are paid by the borrower. Learn more about Home Equity.

Loan Type APR Fixed or Variable Rate Index Margin Annual Fee
80% Smart Equity Line of Credit 3.75% – 5.00% Variable Prime Rate -.25% – 1.00% $35
85% Smart Equity Line of Credit 4.75% – 5.25% Variable Prime Rate .75% – 2.00% $35
100% Smart Equity Line of Credit 5.75% – 6.25% Variable Prime Rate 1.75% – 3.00% $35
 
APR = Annual Percentage Rate. Actual rates depend on member credit qualifications including credit and employment history, and amount of equity in the property. The current Wall Street Journal prime index rate is 4.00%. We add a margin to the index to determine the actual interest rate. The minimum APR is 3.75% The maximum APR is 15.00%. Rates for fixed term conversions taken against the line range from 6.30% APR to 9.15% APR. Loan Costs: Range between $155 and $1,500 to cover third party costs, and are paid by the borrower. Learn more about Home Equity.

CREDIT CARDS

Three Visa cards—Classic, Platinum, and Business Platinum—offer convenience, low loan rates, and the security of EMV chip technology. 

Loan Type APR for Purchases APR for Cash Advances Index Margin
Visa Professional Platinum 8.74% Variable 16.99% Fixed Prime Rate 4.99%
Visa Platinum 8.74% Variable 16.99% Fixed Prime Rate 4.99%
Visa Classic 13.74% Variable 16.99% Fixed Prime Rate 9.99%
 
APR = Annual Percentage Rate. The current Wall Street Journal prime index rate is 4.00%. We add a margin to the index to determine the actual interest rate.

Loan Type APR for Purchases APR for Cash Advances Index Margin
Visa Professional Platinum 8.74% Variable 16.99% Fixed Prime Rate 4.99%
Visa Platinum 8.74% Variable 16.99% Fixed Prime Rate 4.99%
Visa Classic 13.74% Variable 16.99% Fixed Prime Rate 9.99%
 
APR = Annual Percentage Rate. The current Wall Street Journal prime index rate is 4.00%. We add a margin to the index to determine the actual interest rate.

PERSONAL LOAN

We offer three types of short-term loans: a personal access line of credit (PAL); a share secured loan, borrowed against your savings; and customized personal loans.

Loan Type APR Index | Margin
Personal Access Line of Credit  12.00% Variable* Prime Rate | 5%
Share/Certificate Secured Variable Share/Certificate Rate | 3%
Loan Type APR Payment Schedule Payment Per $1,000 Borrowed
Personal Loans 10.25% – 17.74% up to 48 months $25.48 - $29.24
 
* Minimum Interest Rate = 12%. Maximum Interest Rate = 18% 
The current Wall Street Journal prime index rate is 4.00%. We add a margin to the index to determine the actual interest rate.

Loan Type APR Index | Margin
Personal Access Line of Credit  12.00% Variable* Prime Rate | 5%
Share/Certificate Secured Variable Share/Certificate Rate | 3%
Loan Type APR Payment Schedule Payment Per $1,000 Borrowed
Personal Loans 10.25% – 17.74% up to 48 months $25.48 - $29.24
 
* Minimum Interest Rate = 12%. Maximum Interest Rate = 18% 
The current Wall Street Journal prime index rate is 4.00%. We add a margin to the index to determine the actual interest rate.

 

Rates effective as of 4/25/17 and subject to change.