Rate
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| Rates are Current as of 3/15/2011 |
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PROGRAM 1
Minimum Loan Amount is $5,000 - Requires Full Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
7.250% |
$0 |
7.291% |
$866.61 |
| 24 Months |
7.250% |
$0 |
7.281% |
$449.00 |
| 36 Months |
7.250% |
$0 |
7.273% |
$310.02 |
| 48 Months |
8.250% |
$0 |
8.270% |
$245.40 |
| 60 Months |
8.500% |
$0 |
8.518% |
$205.25 |
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MAXIMUM LOAN AMOUNT - PROGRAM 1 (NEW AUTO)
Maximum loan amount will be calculated based on 75% of the sum of vehicle's cash price, tax and license as shown on the purchase order or 85% of the suggested retail price listed in the Kelley Blue Book - New Car Price Manual; whichever is lower. |
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PROGRAM 2
Minimum Loan Amount is $5,000 - Requires No Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
6.750% |
$0 |
6.788% |
$864.29 |
| 24 Months |
6.750% |
$0 |
6.778% |
$446.72 |
| 36 Months |
6.750% |
$0 |
6.772% |
$307.73 |
| 48 Months |
8.000% |
$0 |
8.019% |
$244.22 |
| 60 Months |
8.250% |
$0 |
8.268% |
$204.05 |
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MAXIMUM LOAN AMOUNT - PROGRAM 2 (NEW AUTO)
Maximum loan amount will be calculated based on 65% of the sum of vehicle's cash price, tax and license as shown on the purchase order or 75% of the suggested retail price listed in the Kelley Blue Book - New Car Price Manual; whichever is lower. |
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PROGRAM 3
Minimum Loan Amount is $5,000 - Requires No Credit History and Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
8.000% |
$0 |
8.047% |
$870.10 |
| 24 Months |
8.000% |
$0 |
8.034% |
$452.43 |
| 36 Months |
8.000% |
$0 |
8.025% |
$313.48 |
| 48 Months |
8.500% |
$0 |
8.521% |
$246.58 |
| 60 Months |
8.750% |
$0 |
8.768% |
$206.46 |
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MAXIMUM LOAN AMOUNT - PROGRAM 3 (NEW AUTO)
Maximum loan amount will be calculated based on 55% of the sum of vehicle's cash price, tax and license as shown on the purchase order or 65% of the suggested retail price listed in the Kelley Blue Book - New Car Price Manual; whichever is lower. |
| USED AUTO MODEL & TERM AVAILABLE |
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2009 to 2011 Models:
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12 - 48 Months |
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2007 to 2008 Models:
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12 - 36 Months |
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AUTOPAY DISCOUNT
Reduce rate by 0.25% for automatic payment from an eligible East West Bank account. |
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| * The above payment examples are based on a loan amount of $10,000 and are subject to the following conditions: |
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All registered owners must grant the Bank a security interest in all vehicles being financed. A State of California Department of Motor Vehicle (DMV) Ownership Certificate must be obtained. |
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Borrowers must have proper proof of insurance. The Bank must be named in the insurance policy as Loss Payee and Additional Insured. Maximum comprehensive and collision deductible is $1,000. |
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All applicant(s) must be a California residents with a current local address (P.O. Box is not acceptable). |
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All loans are subject to program guidelines, credit verification and approval. |
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Rates and terms are subject to change. |
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