From July 1 to September 30, 2007 T.H.E.’s three-month LIBOR index is 5.35%. Our private loan rates are based on a spread of LIBOR rates plus an additional amount (defined in the borrower’s Truth-in-Lending Disclosure), according to the discipline of study. The interest rates for private loans are posted on our web site within the Rates/Savings section and are updated each quarter to reflect the current interest rate. Below is a history of LIBOR rates we have used in the last 12 months.
| For the period of: | Rate |
|---|---|
| April 1 to June 30, 2007 | 5.34% |
| January 1 to March 31, 2007 | 5.36% |
| October 1 to December 30, 2006 | 5.44% |
| July 1 to September 30, 2006 | 5.12% |