Sierra Prime Line of Credit Rates
|Annual Percentage Rate (APR) for Balance Transfers||8.000%This APR will vary with the market based on the Bank of the Sierra Prime Rate.|
|Penalty APR and When It Applies||13.000%This APR will vary with the market based on the Bank of the Sierra Prime Rate. This APR may be applied to your account if you make a late payment.
How Long Will the Penalty APR Apply? If your APR is increased for this reason, the Penalty APR will apply indefinitely.
|Paying Interest||You will be charged interest from the transaction date.|
|For Credit Card Tips from the Consumer Financial Protection Bureau||To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at https://www.consumerfinance.gov/learnmore/|
|Set-up and Maintenance Fees|
|Loan Origination Fee||$100 (one-time fee)|
|Late Payment||If a payment of at least the amount of the minimum required payment is not received within 10 days after the closing date subsequent to the payment due date, a late charge of 5% of the payment amount shall be imposed, though in no event shall this late charge exceed $10.00.|
Rates as of 03/20.