dupage thrive truth in lending disclosure

dupage thrive truth in lending disclosure, as filed by Dupage Credit Union, carries a purchase APR of 10.5%–18.5%, no annual fee and a 12-month 0% opening period. That purchase rate ranks near the 39th percentile across this corpus of 4,587 filings.

What the document actually states

dupage thrive truth in lending disclosure is one of the agreements Dupage Credit Union has on file with the CFPB. It is issued on the Visa network and the filing runs five pages.

Terms captured from the document include a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

What the promotional rate is worth

This agreement opens at 0% for 12 months, the only period in the document where carrying a balance is free.

About 458 agreements in this corpus carry a zero-percent opening rate; this is one of them.

What matters more than the promotion is the rate waiting behind it: 18.5%. A $5,000 balance that survives the promotional window costs roughly $1,016 a year from that point on.

Put the other way round, the 12-month zero rate is worth roughly $1,016 on a $5,000 balance relative to paying the go-to rate from day one — a real figure, but one that only materialises for someone who was going to carry that balance anyway.

The purchase APR against the corpus

Rather than a single purchase rate, the document gives a band — 10.5% at the bottom, 18.5% at the top, 8 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Read against the index, the low end ranks around the 12th percentile and the high end around the 39th — the band straddles a wide stretch of the market this corpus describes.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

To be precise about which number this is: the filing identifies it as the rate that takes over after the introductory period, not the introductory rate.

Translating the rate into money

Put $1,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $305.

A typical filing in this index would charge about $369 on that balance; this one is roughly $64 a year below it.

Broken down to a single thirty-day cycle, the same balance accrues roughly $22.98.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

Fees, and what triggers them

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

For cash advances the filing discloses a cash advance fee of $5 or 3% of the advance, whichever is greater. $167 is the crossover point where the percentage overtakes the $5 minimum.

Foreign transactions carry no fee. Only about 22% of the filings here that disclose a foreign transaction fee set it at zero, so this is a genuine point of difference.

The downside terms

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.

The issuer's other agreements

There are 10 filings from Dupage Credit Union in this index. The issuer's own range is 18.5%–24.5%. At 18.5%, this agreement is dearer than 0 of its siblings.

What the filing does not tell you

Absent from the captured terms: balance transfer terms and penalty pricing. The original document is the place to look for any of these.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

This summary stands or falls on the linked PDF — five pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

18.5% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.