Personal Loan Rates
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Feature |
Star Access Line of Credit |
Personal Overdraft Line of Credit |
|---|---|---|
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Annual Percentage Rate (APR) |
13.25%* |
16.00% |
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Cash Advance Fees |
$0 per transfer |
$0 per transfer |
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Other Features |
The minimum monthly payment is $10 or 2% of the outstanding balance, whichever is greater, plus all accrued interest, as of the statement date. Interest is billed on only the portion of the credit line you use, which is replenished as you pay off your outstanding principal balance. |
Loan is accessed when the protected checking account becomes overdrawn or a request is received by phone to transfer funds to the checking account up to the unused portion of the credit line. All transfers from the Credit Line Account to cover the transaction will be made in the greater of $50 increments, if available under the Credit Line Account, or, if sufficient funds are not available under the Credit Line Account, the full amount of credit remaining under the line. Monthly payments of principal and interest are deducted automatically from the protected checking account on the tenth day after the statement date. The minimum monthly payment is $10 or 2.77% of the outstanding balance, whichever is greater, plus all accrued interest, at statement date. |
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*The APR for the Star Access Line of Credit is variable and is based on the borrower’s credit score and the Prime Rate as published in the Wall Street Journal. The rate shown assumes a borrower FICO score of 770 or higher with payments automatically deducted from an NBT checking or money market account (as low as Prime +4.75%). Add 0.50% to the rate if the automatic payment feature is not selected. The rate will not exceed 16.00%. The Prime Rate is the highest Prime Rate published in the Wall Street Journal. As of July 28, 2023 the Prime Rate is 8.50%. NBT Bank loans are only available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Vermont. Rates Shown are current as of 10/16/2023 and are subject to change. |
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Feature |
Personal Loan Unsecured |
New Automobile Loan |
Used Automobile Loan |
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|---|---|---|---|---|
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Annual Percentage Rate (APR)* |
9.99% |
8.76% |
8.76% |
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*Lowest APR available on approved credit. Your actual APR may vary. The APR is based on borrower credit profile (as reported to NBT Bank by an outside reporting agency), collateral type, loan amount, term, lien position, and loan to value ratio. APR shown is current as of 07/28/23 and is subject to change. Rates assume payments will be automatically deducted from an NBT Bank checking or money market account. Add .50% to the rate if the automatic payment feature is not selected. To qualify for this rate, the minimum loan amount is $4,000 ($5,000 for automobile loans), minimum credit score is 730, and maximum term is 36 months (48 months for automobile loans). Call 800-628-2265 for the actual APR for your loan. NBT Bank loans are only available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Vermont. Payment Examples
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