VyStar Credit Union is promoting motorcycle loans with rates as low as 6.00% for 48-month terms on new motorcycles through 05.31.2013. Rates for used motorcycles are as low as 6.75%. In addition, VyStar members who finance motorcycle loans of $10,000 or greater will receive $100 cash back. Click here for more information.
Amazon is launching a new program, Amazon Lending, which will offer loans to some of its online sellers. The new program will be backed by Amazon Capital Services, Inc. Amazon is currently in the process of pre-qualifying some sellers based on their performance in the company's online marketplace. Sellers can sign up for loans through their existing Amazon merchant accounts and if approved, Amazon will send the money to their bank accounts within five business days. Monthly interest payments on the loans will be deducted automatically from merchants' Amazon seller accounts. Click here for more information.
Quicken Loans is offering the Rate Stomper, a 15-year fixed rate mortgage at 2.99% (3.49% APR). This rate requires a maximum LTV of 70% with 2.625 points due at closing. Some state and county maximum loan amount restrictions may apply. Click here for more information.
Wells Fargo announced the reduction of interest rates on its fixed-rate student loan products ranging from 0.25% to 0.51%. Students may qualify for rates as low as 6.24%. In addition to the new rate reduction, borrowers may qualify for additional discounts including a rate discount up to 0.50% with an existing customer relationship. Click here for more information.
Through the Triple Guarantee Offer, E-TRADE guarantees that they will beat any lender’s loan pricing or give the customer $500; customer will receive same-day approval or receive $250; and they will close on the loan on time or give 1/8 of one percent off the interest rate. Click here for more information.
For each qualified loan booked by 11.30.2011, United Nations FCU will donate $25 to the United Nations Environment Program in support of their Millennium Development Goal. Qualified loans include home improvement, international home, and auto loans. Click here for more information.