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Personal Loans

The best place to borrow what you need.

Sometimes, you need a little help to achieve your goals.

Borrow the money you need to fund your vacation, make improvements to your home, or consolidate your high interest debt.

Find the personal loan option that works best for you.

Select all that apply and scroll down to view your loan options.

Get cash when you need it most.

Our REDI-Cash Line of Credit protects you from the unexpected, including overdrafts and returned item fees.

Think of it as your own emergency line of credit. With rates as low as 9.99% , you can borrow up to $30,000 with no fee to apply.

Apply now

mother and child playing

Upgrade, improve, and repair.

Renovate your favorite space and make home upgrades with our Home Improvement Loan.

Perfect for any project, no matter the size. Get the money you need for projects at an affordable cost, without accessing your home’s equity.

Lafayette Federal provides…

  • Great rates and comfortable payment plans
  • Fast approval so you can have your money soon
  • An alternative to using your high-interest credit card

Apply now

family using remodeled kitchen

Secured with your signature

If you’re looking to pay off high interest credit card debt, fund your next vacation, or pay off medical expenses with one big lump sum of cash, our Signature Loan is designed for you.

  • Fund any big venture and borrow up to $50,000
  • Get comfortable payments with rates as low as 8.99%
  • Get fast approval based on your income, current debt, and credit history

Apply now

family vacation at the beach

Build and re-establish your credit

Borrow money from your savings account or certificate to get the cash you need fast. Plus, earns dividends on your savings as you pay your loan back. Instead of paying interest, you’ll earn it while building your credit too!

Lafayette Federal offers different options with these benefits:

  • Credit Builder Loan
  • Share Secured Loan
  • Share Certificate Loan

Apply now

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Today’s Personal Loan Rates

Personal Loans

Type

Term 

APR1

Amount

1APR=Annual Percentage Rate. Rates and terms subject to change without notice. Stated APR is the lowest rate available for qualified members. Actual rate may be higher based on income, credit worthiness, and extended loan terms. 2APR reflects 0.25% discount for automatic payment made from member’s LFCU account and established qualified direct deposit into member’s LFCU checking account. Qualified direct deposit is a recurring direct deposit of a paycheck, pension, Social Security or other periodic payment of at least $500 into a checking or savings account on a month-to-month basis made by an outside organization or agency.3Share Secured APR based on dividend tier at time of origination and is adjusted with dividend rate. 4Monthly minimum payment is $30 per $1,000 borrowed.

The rates and terms shown are effective as of July 1, 2024.

Type

Share Secured

Term 

Up to 15 years

APR1

Dividend Rate 2.00%

Amount

Up to Share Balance3

Type

Credit Builder

Term 

Up to 7 years

APR1

Dividend Rate 3.00%

Amount

Up to $5‚000

Type

Certificate Secured

Term 

Up to Certificate maturity date

APR1

Dividend Rate 2.00%

Amount

Up to Certificate Balance

Type

Line of Credit2

Term 

Revolving4

APR1

9.99%

Amount

$500 – $30,000

Type

Signature2

Term 

Up to 7 years

APR1

8.99%

Amount

$500 – $50,000

Our members say the nicest things.

I began my career at SBA on my 21st birthday in 1979. Lucky for all of us at 1441 L St., LFCU was right in our building. I opened my accounts with them and have been a loyal customer throughout my 36 year SBA career and now as a “retiree” living in Florida. LFCU makes it easy to continue my relationship with them from afar and the professional staff is always there when I need them. Thank you and congratulations to LFCU!

Catherine H. Member for 36 Years

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Monday-Friday 8:30am – 4:00pm
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301-929-7990
1-800-888-6560 (toll-free)