Hurry—your pre-approved offer ends June 30, 2020.

You're Pre-Approved!*

 

Dear %LENAMEFIRST%,

Ardent is committed to helping our members during these very challenging times. Should you find yourself in need of a loan, we have pre-approved offers to make funds more easily accessible. And because we understand that your "new normal" includes doing almost everything from home, you can apply and finalize your loan without ever having to set foot in a branch.

Choose one of the offers below:

 

 

 

 

 

 

 

 

 

PLEASE NOTE: You have been pre-approved for your choice of one of the above offers. If you would like to take advantage of more than one offer, or would like to request more than your approved amount, please contact us. A full application may be required. See below for details.

 

© 2020 Ardent Credit Union. All rights reserved.

Insured by NCUA     EQUAL HOUSING LENDER

1500 Spring Garden St., Suite 500, Philadelphia, PA 19130

 

 

* We used information that we obtained on you from a consumer reporting agency in connection with this "Pre-Approved" offer. You were selected to receive this offer because you satisfied certain criteria for creditworthiness, which we previously established. The offered credit may not be extended if, after you respond to this offer, we determine that you do not meet the criteria used to select you for this offer or any other applicable criteria bearing on creditworthiness, or if you do not provide the required collateral. Not all applicants will qualify for the lowest rate. Membership eligibility is required.

** APR=Annual Percentage Rate

1 New Auto Loan: Offer based on a new auto loan with a term of 60 months. Ardent Credit Union finances up to 100% of MSRP on new vehicles. The maximum interest rate for this offer is 15.99% APR and the minimum approved loan amount is $5,000. This offer may also be withdrawn if the value of the vehicle you are purchasing exceeds 100% of Loan-to-Value (LTV). Not all applicants will qualify for the lowest rate. Payment example: A 60-month loan at 2.99% fixed APR will have 60 monthly payments of $17.99 per $1,000 borrowed. Rate example includes a 0.25% discount for automatic payment from an Ardent CU account. Rates current as of March 18, 2020, and are subject to change based on market conditions and borrower eligibility. Other rates and terms available. Subject to credit review. May not be combined with other offers.

2 Used Auto Loan: Offer based on a used auto loan with a term of 60 months. Ardent Credit Union finances up to 100% of the NADA Retail Value on used vehicles. The maximum interest rate for this offer is 16.59% APR and the minimum approved loan amount is $5,000. This offer may also be withdrawn if the value of the vehicle you are purchasing exceeds 100% of Loan-to-Value (LTV). Not all applicants will qualify for the lowest rate. Payment example: A 60-month loan at 3.24% fixed APR will have 60 monthly payments of $18.11 per $1,000 borrowed. Rate example includes a 0.25% discount for automatic payment from an Ardent CU account. Rates current as of March 18, 2020, and are subject to change based on market conditions and borrower eligibility. Other rates and terms available. Subject to credit review. May not be combined with other offers.

3 Auto Loan Refinance: If you continue to meet the criteria used to select you for this offer and our creditworthiness criteria, you are pre-approved for an auto refi loan of no less than $5,000 from Ardent Credit Union for this offer and no more than $75,000, at an interest rate of no more than 16.59% APR, calculated according to the simple interest for a term of between 12 and 84 months. Ardent Credit Union finances 100% of MSRP (new vehicles) or the NADA Retail Value (used vehicles). Refinance restrictions apply. Payment example: A 60-month loan at 3.24% fixed APR will have 60 monthly payments of $18.11 per $1,000 borrowed. Rate example includes a 0.25% discount for automatic payment from an Ardent CU account. Existing Ardent CU auto loans are not eligible for refinancing offer. Rates current as of March 18, 2020, and are subject to change based on market conditions and borrower eligibility. Other rates and terms available. Subject to credit review. This offer may be withdrawn if the value of the vehicle you are refinancing exceeds 100% of Loan-to-Value (LTV). May not be combined with other offers. Refinancing may increase the total number of monthly payments and/or the total amount paid when compared to your current situation.

4 Personal Loan: Payment example: A 72-month loan at 6.49% fixed APR will have 72 monthly payments of $16.86 per $1,000 borrowed. Rate example includes a 0.25% discount for automatic payment from an Ardent CU account. Rates current as of March 18, 2020, and are subject to change based on market conditions and borrower eligibility. The minimum approved loan amount is $500.

5 Visa Platinum Card: Rates stated available on approved credit and may be different as determined by the individual creditworthiness of each applicant. You are pre-approved for an Ardent Credit Union Visa Platinum Card with a limit of at least $500. The maximum APR for an Ardent Credit Union Visa Platinum Card is 11.88%. Rates current as of March 18, 2020, and are subject to change based on market conditions and borrower eligibility.

6 Visa Gold Card: Rates stated available on approved credit and may be different as determined by the individual creditworthiness of each applicant. You are pre-approved for an Ardent Credit Union Visa Gold Card with a limit of at least $500. The maximum APR for an Ardent Credit Union Visa Gold Card is 12.96%. Rates current as of March 18, 2020, and are subject to change based on market conditions and borrower eligibility.

7 Home Equity Loan: Your APR may be higher based on your credit qualifications, combined loan-to-value, loan term and lien position. $95 appraisal fee applies. Appraisal fee may be higher depending on location of property. Minimum home equity loan amount is $10,000. Maximum home equity loan amount is $250,000. Payment example: A 60-month loan at 80% LTV in 2nd lien position at 4.12% fixed APR will have 60 monthly payments of $18.51 per $1,000 borrowed. Rates current as of March 18, 2020, and are subject to change based on market conditions and borrower eligibility. Homeowners property insurance is required. Flood insurance may be required. Home equity loan together with any other mortgage(s) cannot exceed 90% of the property value on 1- to 4-family, owner-occupied properties. Ineligible properties include, but are not limited to: investment property (defined as non-owner occupied properties), a co-op, mobile home, manufactured housing or properties located in the state of TX. Offer does not apply to existing Ardent Credit Union home equity loans.

8 Home Equity Line of Credit: Introductory 2.99% APR is fixed for one year and variable thereafter. Variable APR equal to "The Wall Street Journal" Prime Rate (currently 3.25%) with a minimum APR of 2.99% and a maximum APR of 18.00%. Rates current as of March 18, 2020, and are subject to change based on market conditions and borrower eligibility. Subject to credit approval. Your APR may be higher based on prevailing variable rate index value, your credit qualifications, combined loan-to-value and lien position. $95 appraisal fee applies. Appraisal fee may be higher depending on location of property. Minimum credit line is $10,000. Maximum credit line is $250,000. 10-year draw period followed by a 20-year repayment period. Homeowners property insurance is required. Flood insurance may be required. Credit line together with any other mortgage(s) cannot exceed 90% of the property value on 1- to 4-family, owner-occupied properties. Ineligible properties include, but are not limited to: investment property (defined as non-owner occupied properties), a co-op, mobile home, manufactured housing or properties located in the state of TX. Offer does not apply to existing Ardent Credit Union credit lines.