Consumer Lending Rates
Current rates as of November 1, 2023
Consumer Lending Rates - Current Rates as of November 1, 2023
| Product | Min Loan Term (Months) | Max Loan Term (Months) | Min Loan Amount | Max Loan Amount | Annual Percentage Rate |
|---|---|---|---|---|---|
| Personal Term Loan | 12 | 36 | $2,000 | $25,000 | As Low As 12.00% |
| New Vehicle (< 1 Year) | 24 | 60 | $5,000 | $75,000 | As Low As 9.99% |
| Used Vehicle (1-8 Years Maximum) | 24 | 60 | $2,500 | $50,000 | As Low As 10.99% |
| Overdraft Line of Credit | - | - | $1,000 | $10,000 | 15.99% |
Rates shown above are reflective of our highest credit standards and does not represent a guaranteed rate. Your actual APR may differ based on your credit score and approved loan amount. You may be eligible for a rate discount if you elect to make automatic payments from your NB Checking Account.
Please note that Personal Term Loans and Auto Loans are only available to residents of Massachusetts.