Special "ShopLA" Vehicle Loan Discounts
In partnership with the LA City-sponsored ShopLA program, LAFCU is offering special discounted vehicle loan financing on new and used vehicles purchased at dealers in the City of Los Angeles.
LAFCU is now offering a special half-percent (0.50%) "ShopLA" discount off LAFCU´s regular new and used vehicle rates that may save its members hundreds of dollars in finance charges. Members can save even more when combining LAFCU´s low loan rates with dealer incentives from ShopLA´s participating vehicle dealers. If you let LABS, our in-house car buying service, buy the vehicle for you at a Los Angeles dealer, you can still get the "ShopLA" discount (conditions may apply).
Also, for a limited time, qualified LAFCU members can enjoy a fixed rate new vehicle loan at 1.99% APR with 100% financing and no other loan discounts apply.*
To apply for vehicle financing, click here!
*Annual Percentage Rate: As of 1/1/11, the approximate payment per $1,000 borrowed is about $43 monthly for a new or used vehicle at 1.99% APR for 24 months, a credit score of 680 and above with 100% financing (ask us for complete details). New vehicle loans are also available at 2.99% or 3.99% APR. Used vehicle rates at 1.99%, 2.99%, or 3.99% APR are available for vehicles the current model year and the prior two model years with under 75,000 odometer miles. The APRs quoted do not apply to refinances of existing LAFCU loans. If you opt for and are approved to have any payments delayed, interest will accrue on the loan balance. Rates are based on the term, collateral, down payment, account relationship and credit history. All loans are subject to credit-granting criteria. Rates, terms, and conditions are subject to change without notice. You must be a LAFCU member to obtain credit.
Save with Low-Rate Visa® Cards
Have a high-rate credit card? If so, then SWITCH to a low-rate LAFCU Visa card with rates from 8.49% APR.* New cardholders get a low 6-month intro rate on all transactions after the card is activated.** Take advantage of a low monthly credit card payment and convenient terms, including:
- Everyday low rates for purchases and cash advances**
- True 25-day grace repayment period
- EZPay service can transfer monthly Visa payments from your check or savings account, even if your account is with another financial institution
- Optional credit card insurance
- No annual fees or fees on domestic transaction fees
- Free travel accident & vehicle rental insurance
Apply for a Card Today
- Apply online 24/7 with e-Loan Express or apply by phone 24/7 at (877) MY LAFCU (695-2328)
* APR = Annual Percentage Rate. Offer applies only to purchases or cash advances made for the first six months after you activate the card. There is no grace period for cash advances; interest is charged from the date of the transaction. Visa credit line cash advances taken at an ATM are subject to third party fees. After the first six months, outstanding balances at the introductory rate will change to the regular rate in effect for your card at that time. Your LAFCU Visa account must be kept in good standing, otherwise the balance at the intro rate will revert to the regular rate in effect for your card and all balances will be charged at that rate. Rates, terms, and conditions are subject to change without notice. You must be a LAFCU member to obtain credit.
**All fixed-rate LAFCU Visa® cards have no annual fee, and the Annual Percentage Rates (APR) range from 8.49% to 17.90%. The grace period for repayment of balances for purchases is 25 days, and the Late Payment rate is 17.90% APR. At the end of the six-month "Introductory Period," your entire Visa card balance reverts to the regular APR for which you originally qualified.
Personal Loans Still Low...7.5% APR
Personal loans are still low at only 7.5% APR*. Use the funds to catch up on post-holiday gifts, a winter vacation, charity donation, tax payments or on yourself. You can even consolidate your bill and/or high interest credit card debt from other lenders. Repayment is easy. Sign up for automatic transfer, or if you´re a Los Angeles City Employee, opt for payroll deduction. LAFCU also offers loan payment coupons through its by-mail service.
Watch your mail or call us for a loan application. Or, click to apply 24/7 with e-Loan Express.
*APR = Annual Percentage Rate. Loan proceeds may not be used to pay off other LAFCU loans, otherwise the regular personal loan date in effect at that time will apply. All loans are subject to normal credit granting criteria. Other conditions may apply. Offer is subject to change without notice. You must be a member of LAFCU to obtain credit. LAFCU membership is open to active and retired employees, and active volunteers of Los Angeles City, members of the Los Angeles Charitable Association, Inc., and members of their immediate family.