March 2020 – LAFCU Blog

March 28, 2020June 25, 2020

Important information about the Coronavirus

Los Angeles Federal Credit Union (LAFCU) is closely monitoring the situation related to the Novel Coronavirus (COVID-19) for any potential impact it may have on you, our members and the…Continue Reading …

March 22, 2020June 25, 2020

Statewide public order “Safer at Home”

The California State Public Health Officer and Director of the California Department of Public Health is ordering all individuals living in the State of California to stay home or at their…Continue Reading …

March 19, 2020June 25, 2020

Cleaning And Disinfecting Your Home

High touch surfaces include: Tables, doorknobs, light switches, countertops, handles, desks, phones, keyboards, toilets, faucets, sinks, etc. Read entire article on cdc.gov

Skip-A-Payment:

• Consumer Loan Skip-A-Payment

• Visa Skip-A-Payment

Apply for a Debt Consolidation Loan
Combine your higher-rate loan payments with other lenders into one low payment at LAFCU. Choose “Debt Consolidation” from the “Select a purpose” list.

Apply to Defer Loan Payments
Defer payment on your loans. There are no fees for this service or negative reporting on your credit report. By clicking Apply to Defer Loan Payments then filling out and submitting the temporary hardship form, you authorize LAFCU to pull your credit report for loan deferment purposes.

Apply for an Emergency loan
Personal Unsecured loan up to $5,000. Choose “Emergency” from the “Select a purpose” list.

Apply for a Savings-Secured Loan
Borrow funds up to the amount you have on deposit in your Savings or Share-Certificate account. Select “Other” from the “Select a purpose” list.

Visa® Credit Card minimum payment reduced to 2% of balance owed from 1/1/21 to 6/30/21 (paying more than the monthly minimum will reduce the balance faster, and finance charges will continue to accrue).