The Peoples Advantage FCU is a home equity line of credit from Peoples Advantage FCU. The ongoing APR is HELOC: Rate As Low As 7.50% APR** (Effective date: 12-1-2024); The Annual Percentage Rate (APR) of a HELOC is indexed to the Prime Rate as published in the Wall Street Journal + a margin for the life of the loan. Prime Rate as of 11-8-2024 is 7.75%. HELOC floor rate is 3.75%.. Loan terms: a revolving line of credit similar to a credit card with variable terms and payments.