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Credit Union Journal

Tuesday, February 7, 2012, as of 03:27 AM EDT

Informa FAQ

Home Equity Lines and Loans
FAQ's
Home Equity Loan: Rates are based on a specific dollar amount and term, up to 80% loan-to-value.
Home Equity Line of Credit: Rates are based on a specific dollar amount, up to 80% loan-to-value.
The base rates are an average from all states within appropriate region in the Continental U.S.
For lender-specific rate and fee information, contact Brian Richards at Informa Research Services at 800-848-0218 x48680 or brichards@informars.com
Rate Tier Averages of Major Indirect Retail Lenders
FAQ's
Rates are for 60-month new auto loans, one-year old, and two-year old used auto loans.
For purposes of this chart, borrowers are considered to have A+ credit if their scores on auto-specific models of combined credit bureau report exceeds 720; A if their scores fall between 680 and 719; B if their scores fall between 650 and 679; C if their scores fall between 625 and 649.
For lender-specific rate and fee information, contact Brian Richards at Informa Research Services at 800-848-0218 x48680 or brichards@informars.com
CD's and MM's
FAQ's
Balances shown are the rate if the customer deposits that sum of money.
Money Market can have 0 or 3 checks per month.
High liquid is a high balance money market and can have 0 or 3 checks per month.
Interest checking is an unlimited checking account.
CD's are the standard product offering and do not include relationship accounts.
Pure Internet Firms are financial institutions with separate Internet Banks such as E*Trade Bank or Bank of Internet.
Brokerage are firms such as Merrill Lynch or Morgan Stanley.
For lender-specific rate and fee information, contact Brian Richards at Informa Research Services at 800-848-0218 x48680 or brichards@informars.com
Retail Fees and Service Charges
FAQ's
NSF Fee = Non-Sufficient Funds Fee.
ATM Surcharge Fee = The fee an institution charges non-customers for using their ATM.
The base rates are an average from all states within appropriate region in the Continental U.S.
For lender-specific rate and fee information, contact Brian Richards at Informa Research Services at 800-848-0218 x48680 or brichards@informars.com
Mortgage Rates
FAQ's
Rates are based on a conforming loan amount under $417,000 with 20% down payment.
The base rates are an average from all states within appropriate region in the Continental U.S.
For lender-specific rate and fee information, contact Brian Richards at Informa Research Services at 800-848-0218 x48680 or brichards@informars.com
Credit Card Rates
FAQ's
Platinum Cards: Purchase APR averages are based on the standard purchase APR for purchases made on non-reward cards.
Rewards Cards: Purchase APR averages are based on the standard purchase APR for purchases made on institution-branded reward cards (excludes co-branded cards).
Grace period = Number of days until finance charges begin to accrue.
Minimum income requirements apply to Gold and Platinum cards.
For lender-specific rate and fee information, contact Brian Richards at Informa Research Services at 800-848-0218 x48680 or brichards@informars.com

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