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Personal Computer Loan Guideline
- 1. Maximum Amount
Normally, 90% of the purchase price.
100% financing available for qualified applicants.
- 2. Maximum Term:
- 48 months when purchase price exceeds $5,000.
- 36 months when purchase price exceeds $3,000 - $4,999.
- 24 months on all others.
- 3. Purchase Types
Hardware and software purchased in conjunction with the main unit.
- 4. Restrictions
Computer equipment purchased within 60 days of the loan date. Computers more than
one year old will not normally be financed; however, they will be considered for qualified
applicants. Computer equipment intended for business purposes must be financed under the
Miscellaneous Loan Guideline.
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