| You
can have your personal loan serve as an overdraft protection
for your share draft account as well as more traditional
uses.
A
Shared secured personal loan uses the funds in your
shares to secure the loan and give you a special low
interest rate.
Personal
loan allows you to consolidate other bills, loans
or needs into one low monthly payment. All unsecured
lines of credit combined may not exceed $15,000. Call
a loan officer today at 317-869-1111 or 800-359-3767.
Personal
Loan Disclosure
Finance
charges will be determined by applying the daily periodic
rate .0411% to all outstanding balances, with the
finance charge commencing to accrue immediately on
the date of disbursement of any sums to the borrower
under the agreement.
The
finance charge is calculated by multiplying the periodic
rate times the unpaid balance as of the last advance
or payment times the number of days that said balance
was outstanding.
Payments
during the period of time between advances will first
be applied to the finance charge due and other charges
with the remainder applied to the unpaid balance.
If
the accrued finance charge is greater than the payment
made, then the unpaid portion of the finance charge
will be paid by subsequent payments and not added
to the unpaid principal balance.
Late
charge of $16.50 imposed on payments received 10 days
after due date.
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