Visa

Rates and Terms

Rates and Terms effective October 15, 2009 and subject to change.

	Introductory Rate	Introductory Period	Regular Rate Purchases	Regular Rate Cash Advances	Cash Advance Fee	Over Credit Line Fee
Direct Federal	N/A	N/A	9.99%*	9.99%*	0.00%	$0

Annual Percentage Rate	Regular Rate: 9.99%, 13.99%, or 18.00% based on your credit score. Rates in effect October 15, 2009. The Annual Percentage Rate applicable to your Account will not be adjusted below a rate of 8.5% per year.
Variable Rate Feature	Regular Rate: We add between 6.74 and 10.74 percentage points based on your credit score.  In some instances, a fixed rate of 18% may be assigned. The index is the highest "U.S. Prime Rate" published in the "Money Rates" section of THE WALL STREET JOURNAL on the last business day of the immediately preceding calendar month.
Balance Computation Method	Average Daily Balance (excluding new purchases)
Minumum Finance Charge	$0.50
Grace Period for Purchases	You will not have to pay finance charge on new purchases if you pay the New Balance shown on the monthly statement during the billing cycle.
Annual Membership Fee or Transaction Fee	None
Cash Advance Fee	None
Balance Transfer Fee	None
Late Payment Charge	Payments not made by the due date will be considered late; there will be no grace period.  If no more than one payment is late during a 12-month period, no delinquency fee will be charged.  If more than one payment is late during a 12-month period, you will be charged the following delinquency fees: $19 for the second late payment; $29 for the third late payment; and $39 for the fourth and each subsequent late payment.

 *Eligibility based upon credit score.

This disclosure was created in October 15, 2009, using information that was accurate as of that time. Information regarding rates and fees may have changed since that date. To find out what might have changed, call our Customer Service Center at 781.455.6500.