New
Gold Loans…From
Your Credit Union!
 |
Gold
is the most popular investment of all the precious metals.
It is known as a hedge or safe haven against inflation and
rising prices. Investing in gold directly can be done by purchasing
bullion or coins. With our new gold loans we make it easy
for you to own gold coins as an investment for the future.
Here's how it works. Everyone is preapproved and you do not
have to qualify for the loan. We will purchase a coin(s) on
your behalf. The loan amount is based on the actual price
of the coin. We will hold your coin in our vault under your
name until the loan is paid off. The following options are
available to choose from: |
One
Coin Option! As
an example, a one-ounce gold coin with a market value of $1,100.00
would be paid off with 12 monthly payments of $96.00 or as little
as $23.00 per week at 8.00% APR.
Two
Coin Option! As an example, two one-ounce gold coins with
a market value of $2,200.00 would be paid off with 24 monthly
payments of $99.00 or as little as $24.00 per week at 8.00% APR.
At the end of the first year, a coin can be released to you if
you wish.
Three
Coin Option! As
an example, three one-ounce gold coins with a market value of
$3,300.00 would be paid off with 36 monthly payments of $103.00
or as little as $24.00 per week at 8.00% APR. At the end of the
first and second years, a coin can be released to you if you wish
and the third coin will be released when the loan is paid off.
Nobody
knows what the future value of gold will be, but historically
owning gold over the last ten years would have been an excellent
investment. In fact, the average annual return for that period
was 11.11%. For additional details, please call the loan department
at (714) 704-2850.
