When you find yourself in need of a little extra cash, who better to turn to for a personal loan than your local credit union you know and trust? Whether you could use a little money for a family vacation, auto repairs, back-to-school expenses, whatever — we’re here with a budget-friendly, customized financing solution for you.
As a not-for-profit credit union all earnings go back into the institution to help secure better loan rates and other perks for our members. So you can rest assured that all financing terms are created in your favor.
- Competitively low rates for a wide range of personal needs:*
- Family vacation
- Back-to-school expenses
- Car repairs
- Holiday shopping
- And more!
- Budget-friendly terms customized to your unique needs*
- Easy repayment options; payroll deduction and automated payment (from checking or savings) available
- No prepayment penalties
- Quick and easy online application to expedite the process
- Local decision-making and processing
- Attentive, customized service from a lender who understands your unique needs
*Financing rates and terms based upon credit worthiness, age of collateral, and amount financed.
Skip-A-Pay
There are times in life when it helps to have additional cash on hand. At FAA FCU we offer a *Skip-a-Payment for those times. If you have loans in good standing with us, you may qualify to skip your next loan payment.
The option to skip your loan payment is a year round benefit for our members. A $30 fee applies to each payment that is skipped. Skipping a payment does not impact your credit score but it is important to know interest will continue to accrue during the waived payment period, causing the total amount of interest paid over the life of the loan to increase. The deferred payment is simply added to the end of your loan term.
This feature is available via the mobile app and online banking. Once logged in to your account, select a loan suffix and the Skip a Payment Option to see if your loan qualifies. You may also visit or call your local branch for assistance.
*Fee applies. Not all loans qualify. Mortgage, Home Equity Loans, Home Equity Line of Credit, Visa Credit Card are not eligible for Skip-a-Pay.
