FEBRUARY
•
2022
ROLL CALL VEHICLE AND PERSONAL LOANS REFINANCE OFFER Now is an ideal time to consider refinancing your loans. Whether you have too many loan payments to juggle or your monthly payments are too high, we’re here to help. We’ll find savings solutions to put more money in your pocket, pay off loans sooner, or simplify your life by consolidating debts. Right now, get $2001 when you refinance a personal or vehicle loan (including auto, motorcycle, boat, watercraft, motor home, or travel trailer loan) from another lender. Plus, enjoy no payments for 90 days on your refinanced auto loans2! Need another reason to refinance your loans? At LAPFCU, auto loan rates start at just 1.99% fixed APR3. Personal loan rates are as low as 7.49% fixed APR4. Refinancing your loan can also lower your monthly payments to better fit your budget and lessen the strain of regular expenses. We can extend the term of your loan to get you the lowest monthly payment possible.
GET $200 When you refinance ANY vehicle or personal loan from another lender! Plus, no payments for 90 days on auto loans.
REFINANCE NOW! Check the LAPFCU app or online banking to see if you’re already pre-approved or apply at lapfcu.org/refinance-save. Call us at (877) 695-2732 to speak with a dedicated Loan Officer who will review your loans and lines of credit and help determine a plan for you.
End of Watch Debt Protection5
is included and covers up to $850,000 of all LAPFCU loans! Details apply at lapfcu.org/EOW
1 Offer valid January 18, 2022 – April 30, 2022. Existing LAPFCU loans do not qualify. Must refinance a closed-end personal loan or vehicle loan (auto, motorcycle, boat and watercraft, motor home and travel trailer loans) from another lender that is at least $10,000. Offer applies to each eligible loan. The $200 will be credited to the primary applicant’s S1 Share Savings Account within 60 days after loan origination. Offer subject to change or cancellation at any time and other restrictions may apply. May not be combined with any other offers. Members who receive the $200 offer cannot refinance the new loan with LAPFCU again for a lower APR. Please ask for complete details. 2Only applies to auto loans. Number of total payments on your auto loan remains the same, and interest continues to accrue during deferred payment months. Deferring an auto loan payment may void your GAP insurance. Consult your insurer for details. 3APR = Annual Percentage Rate. To qualify got 1.99% fixed APR for 60 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant’s credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to lapfcu.org/member-benefits/ for complete details. 60-month term payment example: A 5-year loan at 1.990% fixed APR will have 60 monthly payments of $17.52 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details. 4APR = Annual Percentage Rate. Minimum loan amount of $500 and the maximum loan amount of $100,000. To qualify for 7.490% fixed APR for 48 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant’s credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to lapfcu.org/ member-benefits for complete details. 48-month term payment example: A 4-year loan at 7.490% fixed APR will have 48 monthly payments of $24.17 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details. 5End of Watch Debt Protection is provided to eligible borrowers at no additional cost to the borrower and cancels the outstanding LAPFCU loan balance of the sworn or civilian member. To be eligible for the End of Watch Debt Protection, the Borrower must: (1) be an LAPFCU member, (2) meet the lending requirements established by LAPFCU to qualify for this debt protection and (3) be a full-time, active-duty sworn peace officer or civilian employed in qualifying areas we serve. Minimum loan balance amount of $10,000 or a new activated $10,000 line of credit required to qualify (must be used within 30 days of account opening). Maximum coverage for a single loan is $400,000. The maximum combined loan amount is $850,000 for all of the borrower’s loans. The End of Watch Debt Protection may not be purchased outright. This debt cancellation benefit applies to all loans from LAPFCU and only in the case of death while on duty, some exceptions do apply. All loans are subject to credit approval and to applicable LAPFCU policies. Other restrictions may apply. Visit lapfcu.org/eow or call (877) 695-2732 for complete details.
24/7 BANKING AT YOUR FINGERTIPS The LAPFCU app is like having a branch in your pocket! Right from your smartphone, you can securely view account balances and statements, pay bills, transfer funds, accept loan pre-approval offers, apply for a loan, deposit checks, and so much more. If you need in-person services, you can also use the app to locate the nearest CO-OP ATM or Shared Branch nationwide. Download the LAPFCU app today and log in using your PATROL Online Banking credentials. Not set up on PATROL yet? Visit lapfcu.org, click LOGIN, and select Enroll. For assistance, call (877) 695-2732.
(877) 695-2732 • lapfcu.org