Loan Rates

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(Effective Date: July 24, 2012)

Loan Rate Addendum: This addendum is incorporated into and becomes part of your LoanLiner Credit Agreement. Please keep this attached to your LoanLiner Credit Agreement. The Annual Percentage Rates (APRs), corresponding Daily Periodic Rates for each loan sub account are shown below. The amount and due date of payments will be determined at the time of each advance and disclosed on a Disbursement Receipt.

Filing Fee: You will be charged for a lien-filing fee at the time of an advance if the Credit Union takes a security interest in your collateral. The amount of the filing fee will be based upon the amount of fee required by state law for the Credit Union to obtain a lien on your property. The amount of the filing fee will be disclosed on the note.

Late Charges: If you are 10 days or more late in making a payment, you will pay a late charge of 5% of the amount past due or a minimum of $10.00 whichever is greater.

Credit Check Fee: A fee of $10.00 will be charged for obtaining credit verification on applicant.

Collection Costs: You promise to pay all costs of collecting the amount you owe under this agreement including court costs and reasonable attorney's fees.

ATM-Debit Cards: When apply for the Loanliner Plan - understand that you are requesting use of your ATM-Debit card to access the Loanliner Credit Plan. The additional disclosures below apply when you use your ATM-Debit card to access your Loanliner indirectly through your overdraft sub-account.

Lost Card Notification: If you believe your ATM-Debit card has been loss or stolen, immediately inform the credit union by calling 312-225-1258 or by writing to us at the above address.

Liability for Unauthorized Use: You may be liable for the unauthorized use of your ATM-Debit card. You will not be liable for unauthorized use that occurs after you notify the credit union, orally or in writing, of the loss, theft, or possible unauthorized use. The method of unauthorized use will affect your liability. If the card is use to obtain unauthorized advances directly from a POS (point of sale) your liability will not exceed $50. If the unauthorized withdrawal is from a share draft/checking account and it results in advances being made from your overdraft sub-account, your liability is governed by Regulation E you received those disclosures at the time you received the ATM-Debit card.

Automatic Payment: There is a 25 basis point discount in APR for payments made through auto draft from a Southwest Chicago Chapter account (this does not apply to Mortgage or Taxi Loans).