LANSING, Mich. – A credit union based in Michigan has stepped forward to offer financial support to individuals affected by the recent strike organized by the United Auto Workers (UAW) against the major American automakers.
LAFCU, in a recent announcement, revealed its initiative to provide specialized strike loans and various financial assistance measures as part of their ‘Here to Help’ program. This program aims to assist people in maintaining financial stability during the ongoing strike.
The assistance provided by LAFCU encompasses:
- Specialized strike loans from LAFCU, offering up to $4,000 for a duration of 36 months at a reasonable 8.99% APR.
- Opportunities for debt consolidation.
- Options for refinancing.
- Access to free credit counseling services.
Kelli Ellsworth Etchison, the Chief Marketing Officer and Chief Diversity Officer of LAFCU, emphasized the credit union’s commitment to supporting its members during times of financial uncertainty. She also noted the historical connection between LAFCU and autoworkers, highlighting their dedication to assisting members through challenging times.
Founded in 1936 by Oldsmobile employees, LAFCU has a deep-rooted history of serving its community, especially those in the automotive industry.
Individuals looking for more information on LAFCU’s ‘Here to Help’ program can visit their website for further details.