May 2020 – LAFCU Blog

May 15, 2020June 25, 2020

LAFCU Donates $10K to Mayor’s Fund for Los Angeles

To help Los Angeles fight the coronavirus, LAFCU recently donated $10,000 to the Mayor’s Fund for Los Angeles. LAFCU’s contribution will go directly to the City of LA’s Emergency COVID-19…Continue Reading …

May 11, 2020June 11, 2020

4 Easy Ways to Protect Your Accounts

In times of vulnerability, we tend to see a rise in scams and fraudulent activity. As you take steps to keep your family safe during this pandemic, it’s important that…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).