Hurry, your pre-approved offer ends July 20, 2020.

 

Dear %LOANENGINENAMEFIRST%,

Congratulations! Your responsible management of credit has earned you pre-approval for a special low rate on a Peoples Bank® loan.

You can choose any one of the loans below. So whatever big purchase you've wanted to make—now's the time! And with your pre-approved status, you'll be able to borrow the money you need with ease, and with the service you deserve.

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 terms and conditions of this pre-approved offer. The minimum loan amount is located in the terms & conditions.

 

 

 

* We used information on you that we obtained 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 required collateral parameters. Not all applicants will qualify for the lowest rate. Your rate will be determined based upon creditworthiness criteria established prior to the offer. In the event your credit status has adversely changed since pre-approval or you fail to meet other creditworthiness criteria established prior to the offer, other rates and terms may be available, subject to credit and collateral review. Rates current as of March 15, 2020, and are subject to change based upon market conditions. May not be combined with other offers.

** APR=Annual Percentage Rate

1 New Automobile Loan: Offer based on loan term of 60 months. Amount financed shall not exceed 115% of MSRP (new vehicles). The maximum interest rate for this offer is 7.04% APR and the minimum approved loan amount is $5,000. Minimum loan amount on 84 months term is $30,000. New auto rates applicable to model years 2018 or newer. Rates current as of March 15, 2020, and are subject to change based upon market conditions. Payment Examples: A 60-month loan of $30,000 at or between the lowest fixed APR of 3.77% or the highest fixed APR of 5.54% will have 60 monthly payments ranging from $18.34 to $19.16 per $1,000 borrowed plus a loan origination fee of $225. A 60-month loan of $5,000 at or between the lowest fixed APR of 5.37% or the highest fixed APR at 7.56% will have 60 monthly payments ranging from $19.30 to $20.09 per $1,000 borrowed plus a loan origination fee of $225.

2 Pre-owned Automobile Loan: Offer based on loan term of 60 months. Amount financed shall not exceed 115% of NADA Retail Value (used vehicles). The maximum interest rate for this offer is 7.24% APR and the minimum approved loan amount is $5,000. Loan term and APR may be different for model years 2014 or older. Vehicle mileage not to exceed 75,000 miles. Salvage, reconstructed or reconditioned titles will not be accepted. Payment Examples: A 48-month loan of $30,000 at or between the lowest fixed APR of 4.07% or the highest fixed APR of 5.81% will have 48 monthly payments ranging from $22.65 to $23.45 per $1,000 borrowed plus a loan origination fee of $225. A 48-month loan of $5,000 at or between the lowest fixed APR of 5.99% or at the highest fixed APR at 7.67% will have 48 monthly payments ranging from $23.80 to $24.59 per $1,000 borrowed plus a loan origination fee of $225.

3 Personal Loan: Rates current as of March 15, 2020, and are subject to change based on market conditions. The maximum interest rate for this offer is 12.17% APR and the minimum approved loan amount is $2,500. Payment Example: A 36-month loan of $10,000 at or between the lowest APR of 11.28% and the highest fixed APR of 12.79% will have 36 monthly payments ranging from $32.87 to $33.59 per $1,000 borrowed plus a loan origination fee of $225. A 36-month loan of $2,500 at or between the lowest APR of 15.76% and the highest fixed APR of 16.80% will have 36 monthly payments ranging from $35.04 to $35.55 per $1,000 borrowed plus a loan origination fee of $225.

4 New Motorcycle Loan: Rates current as of March 15, 2020, and are subject to change based on market conditions. The maximum interest rate for this offer is 8.07% APR and the minimum approved loan amount is $5,000. Payment Example: A 60-month loan of $30,000 at or between the lowest APR of 4.70% and the highest fixed APR of 6.55% will have 60 monthly payments ranging from $18.78 to $19.64 per $1,000 borrowed plus a loan origination fee of $225. A 60-month loan of $5,000 at or between the lowest APR of 6.19% and the highest fixed APR of 8.07% will have 60 monthly payments ranging from $19.68 to $20.59 per $1,000 borrowed plus a loan origination fee of $225.

5 New Off Road Vehicle Loan: Rates current as of March 15, 2020, and are subject to change based on market conditions. The maximum interest rate for this offer is 9.76% APR and the minimum approved loan amount is $5,000. Payment Example: A 48-month loan of $20,000 at or between the lowest APR of 5.56% and the highest fixed APR of 8.07% will have 48 monthly payments ranging from $23.36 to $24.53 per $1,000 borrowed plus a loan origination fee of $225. A 48-month loan of $5,000 at or between the lowest APR of 7.22% and the highest fixed APR of 9.76% will have 48 monthly payments ranging from $24.38 to $25.59 per $1,000 borrowed plus a loan origination fee of $225.

6 New Recreational Vehicle Loan: Rates current as of March 15, 2020, and are subject to change based on market conditions. The maximum interest rate for this offer is 8.23% APR and the minimum approved loan amount is $15,000. Payment Example: A 120-month loan of $40,000 at or between the lowest APR of 5.51% and the highest fixed APR of 8.06% will have 120 monthly payments ranging from $10.88 to $12.19 per $1,000 borrowed plus a loan origination fee of $225. A 120-month loan of $15,000 at or between the lowest APR of 5.72% and the highest fixed APR of 8.23% will have 120 monthly payments ranging from $11.01 to $12.31 per $1,000 borrowed plus a loan origination fee of $225.

7 Home Equity Line of Credit: The advertised APR is available until 05/31/2020 on lines of $5,000 or greater, with a maximum loan to value ratio of 80%. Rates offered are for owner-occupied properties only. The APR is based on Prime plus or minus a margin. Borrower must meet specific underwriting criteria including credit score and loan to value ratio to qualify for the APR offered. The APR is variable and can change each month. The APR will never be lower than 1.75%, and will never be higher than 18.00% in WV; 24.00% in KY; 25.00% in OH. Plan includes a $50.00 annual fee to maintain the account. There is no required minimum advance amount. The draw period is ten years. Interest only payments are applicable during the draw period. There may be an early cancellation fee of 1% of the original commitment or the maximum of $1,000.00. There are no closing costs associated with this offer of credit. Insurance must be carried on the real property securing the account, and flood insurance is required on buildings located in a Special Flood Hazard Area. Credit line together with any other mortgage(s) cannot exceed 90% of the property value on 1- to 4-family, owner-occupied properties. Other conditions and restrictions may apply. Information is subject to change without notice. All loans subject to application, credit, and collateral approval. Consult a tax advisor regarding tax deductibility of interest and charges. Interest on the portion of the credit extension greater than Fair Market Value of the dwelling is not tax deductible for Federal income tax purposes. Cannot be combined with any other offer. NMLS# 617258

 

 

Peoples Bank (w/ logo)® and Working Together. Building Success.®, individually, are federally registered service marks of Peoples Bank.