Loans

ALO Employees Federal Credit Union is an equal opportunity lender and as such will accept and process all member applications received without regard to applicant's sex, marital status, race, color, religion, national origin or age (providing applicant is at least 18 years of age and can enter into a legal contract). Applicants must be a Credit Union Member in good standing and have a minimum balance of $25.00 in a savings account.

Your Credit Union has available all types of secured and unsecured loans at competitive rates and we try to offer the best deal in the market with NO prepayment penalties. All our loans are easily paid through payroll deduction. Credit Life and Disability Insurance are also offered allowing our members to have peace of mind knowing their loans are covered. It is very important to protect your credit standing now, for security in the future. Approval for loans, credit cards and mortgages can be adversely affected by derogatory comments on your credit history.

Remember not only for your credit standing, but to prevent identity theft you should review your credit report on a regular basis. Pay your bills on time; correct mistakes immediately; keep within credit limits.

Credit Reports
N.A.D.A. Book
Kelley Blue Book