Vehicle Loans: As Low as 1.95% APR
For a limited time, qualified LAFCU members can enjoy a new vehicle loan rate at 1.95% APR for 12 to 60 months, or 2.45% APR for 72 to 84 months with 100% financing*. Even though no other loan discounts apply with this special rate, you can still take advantage of FREE vehicle search and buying help with LAFCU Auto Buying Service. If you do not qualify for these special rates, there are other loan rate discounts available, including 0.125% discount when applying for a loan online, and our vehicle "Rate Beater" program.
*Annual Percentage Rate: As of 11/1/12, the approximate payment per $1,000 borrowed is about $18 monthly for a new or used vehicle at 1.95% APR for 12 to 60 months, or 2.45% APR for 72 to 84 months, a credit score of 680 and above with 100% financing (ask us for details.) If you opt for and are approved to have any payments delayed, interest will accrue on the loan balance and payment deferrals may result in extending the loan term. 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.
Home Loans: As Low as 2.802% APR
Now is the best time to buy a home...and securing a low interest rate loan at LAFCU is easy. We offer a 30-year fixed first trust deed loan for 3 years, with rates as low as 2.802 APR%.** Note rate 2.375%. Take advantage of our Real Estate "Rate Beater" Loan Program; 80% financing, minus outstanding liens; and no-point, low-point and flat-fee loan options. Apply Online for a home loan 24/7 or call (877) MY LAFCU (695-2328).
ShopLA Visa Credit Cards: featuring a low 0% intro rate
Hurry and apply for your ShopLA Visa card today. Co-sponsored by the ShopLA City program, the ShopLA City Visa Platinum Plus credit card is the first of its kind to offer TRIPLE CURewards points for all purchases at merchants in the city of Los Angeles (including most of the San Fernando Valley) and single rewards points in other cities.* The rewards can be redeemed for travel, merchandise or gift cards through CURewards, or used for consumer loan rate discounts at LAFCU.** This variable-rate card also has a six-month introductory rate of 0% (for new LAFCU credit card holders) or 7.9% (for current LAFCU cardholders that transfer to the ShopLA City card), then low variable rates from 9.90% APR.***
*Loan application required, card approval based on factors such as credit history and income status, and not all applicants will qualify.
** Consumer loan discounts include closed-end LAFCU loans such as boats, cars, motorcycles, personal computers, RVs, trucks, "Personaline" lines of credit and Signature loans.
***APR = Annual Percentage Rate. Variable rate ranges from 9.90% APR to 18.00% APR and the cardholder´s rate is based on the Prime rate plus a margin of 6.65% to 14.75% (margin based on factors such as the applicant´s credit history). Rate cannot be combined with any other promotional rate offer. No annual fee the first year of card ownership. The grace period for repayment of balances for purchases is 25 days, and the Late Payment fee is the lesser of $25 or minimum payment due.
Having trouble with your loan payments? Maybe LAFCU can help. Based on your financial situation, we may be able to offer you low monthly loan payments and flexible repayment terms on your home or vehicle. Plus, if you are recovering from credit challenges and want to borrow money, we have a "Step-by-Step" Credit Repair Loan Program that will help you pay off delinquencies with your creditors. Loan proceeds are sent directly to your creditors and your payments are automatically made via payroll deduction or Direct Deposit. Then, after your delinquencies have been reduced or paid off, we will gladly consider any reasonable loan requests you may have. For details, click on "Step-by-Step Credit Repair" from the "Search by Page Name" list.
Real Estate and Vehicle Loans Available
If you´re getting ready to purchase a home or vehicle, we can help with that, too! LAFCU makes it easy and affordable to get a loan.
LAFCU offers several real estate loan options. In addition, many fees are waived, we offer a FREE 40-day rate-lock (longer than most lenders), and our loans have no prepayment penalties or negative amortization. We even have lower 30-year mortgage loans with fixed rates for five or seven years. To apply for a real estate loan 24/7, use e-Home Loan or call us.
For your next vehicle purchase, LAFCU provides low loan rates, a "Rate Beater" program, loan pre-approval before you shop, VIP loan rate discounts, extended terms, no money down options and convenient payments. Vehicle purchasing and LAFCU financing is available at dealers affiliated with the Credit Union Direct Lending (CUDL) network. Apply Online for a vehicle loan 24/7 or call (877) MY LAFCU (695-2328).