Loans

Purchase and sales agreement showing Lynn Teachers Credit Union will be lien holder . If private sale, copy of title of seller and copy of RMVl form show ing Lynn Teachers Credit Union to be listed as lein holder.

2. Insurance binder showing Lynn Teachers Credit Union will belisted as loss payee on insurance policy.

  • Payment example: Auto loan ([.”6.50%AP R for 4 years would cost $5.47 per $1,000 borrowed .
  • Payment example: Auto loan @8.00% APR for 4 years would cost S5.62 per $1,000 borrowed.