LOAN



	Preston Federal Credit Union

NEW VEHICLE LOANS:

Finance up to 100% of the purchase price for New vehicles with a copy of the purchase agreement.

Maximum terms for payment schedule:

Year 2008 and 2007 72 Months Year 2006 66 Months

USED VEHICLE LOANS;

Finance up to 90% of the current NADA average retail value but not more than the purchase price. Contact the credit union for the maximum amount for financing.


	MAXIMUM TERM FOR USED VEHICLE LOANS

Year	Term In Months	Year	Term In Months
2006	66	2005	63
2004	60	2003	57
2002	54	2001	51
2000	48	1999	45
1998	42	1997	39

PERSONAL LOANS

Personal unsecured loans to members are available up to a maximum of $5,000.00 per each member. Depending upon work experience, income and credit history.
Secured loans by share deposits are limited to the amount of funds on deposit at the credit union. Funds equal to the outstanding balance of the loan must remain on deposit until the loan is paid off.
Loans to pay for educational tuition are available with a copy of the tuition bill.
Christmas loans are available for seasonal shopping and credit card payments. November to January.

The total amount of all unsecured loans to each member cannot exceed $5,000.00