April 2020 – LAFCU Blog

April 16, 2020July 2, 2020

Deposit Stimulus Checks & More with our Mobile App

Use our free Mobile Check Deposit feature in our “MyLAFCU Mobile” app* to deposit your incoming stimulus check or any paper check, and avoid visiting an ATM or branch. We…Continue Reading …

April 15, 2020July 2, 2020

Important Facts About Your Stimulus Checks

Starting April 15, 2020, as part of the Coronavirus Aid, Relief and Economic Security (“CARES”) Act, the U.S. Federal Government began delivering “Economic Impact Payments” to eligible Americans. These direct…Continue Reading …

April 12, 2020June 25, 2020

Your Funds are Safe & Secure

We want to assure you that your money is safe at Los Angeles Federal Credit Union, and we are financially sound, especially during this challenging, economic time. Each of your…Continue Reading …

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).