Overdraft Line of Credit
Our Overdraft Line of Credit loan ties directly to your checking account with La Loma FCU. If funds are not available in your checking account, the overdraft transfer deposit works to keep a positive balance in your checking account. It assists members by avoiding NSF fees from the payee and credit union return fees. This is an unsecured line of credit loan up to $2,500 on approved credit. A definite benefit for those with busy lives.
Share Loans
These loans enable you to use your savings as collateral. The advantage to these loans are the low interest rates and no credit approval requirement. Up to 90% of your regular share deposit can be borrowed. Just another reason why La Loma should be your first choice for your loan needs.
Holiday Loans
Tired of the mounting credit card bills during the holidays or just not enough cash flow for those holiday expenses? La Loma’s Holiday Loan is the answer! Available every year from November through January, La Loma provides two loan options for the Holiday Loan.
| Loan Amount | $1,500 | $1,000 |
| Interest Rate | 12.0% APR? | 10.0% APR? |
| Repayment Term | 12 month | 8 month |
| Payments Start At | $108 | $105 |
APR: Annual Percentage Rate on approved credit.
All rates and terms quoted above are subject to change without prior notice.