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We Do Car Loans!
*Must be new funds, not available for refinance of existing Lake Elmo Bank loans. All loans are subject to credit approval. Stated annual percentage rates (APR) available for applications received by December 31, 2012. To obtain the lowest APR, you must have excellent credit history, maximum loan to value not to exceed 100% and debt-to-income not to exceed 45%. $25,000.00 minimum loan amount for 72 month term. The actual APR to be determined when a credit decision is made and may be higher than the lowest rate available. For sample payments, see table below.
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Autos/Truck Loans (Down payment of 20% may be required)
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Term
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APR
(annual percentage rate)
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Payment
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2007—2012
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24 months
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1.99
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$425.35
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36 months
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1.99
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$286.37
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48 months
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1.99
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$216.90
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60 months
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1.99
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$175.23
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*72 months
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1.99
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$368.65
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Other rates and terms available. APRs range from 1.99% —8.425%.
Savings Bonds
Treasury will end over-the-counter sales of paper savings bonds on December 31, 2011, including sales through financial institutions and applications mailed directly to the Federal Reserve Bank. Savings bonds will continue to be available for purchase electronically in Treasury Direct. Click here for more information!
Merchant Processing
Our merchant processing partner passes on the savings from the Durbin Amendment...does yours? Click here for more information.
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