Emergency Loan Options

Couple getting a loan.No matter how much financial planning you do, an emergency situation can put unexpected strain on your income. What can you do when you need cash fast, but simply don’t have the funds? Consult with one of the friendly and knowledgeable representatives at ASI Federal Credit Union for guidance. They’ll listen to your situation and present the various emergency borrowing options that may be able to help you overcome this financial hardship.

What is an Emergency Loan?

Emergency loans are designed to help fulfill the urgent financial needs of our members. They are also reserved for emergencies only and should not be used to pay for a vacation or purchase a vehicle, for example.

The dollar amount of the emergency loan will vary depending on your income. The length of your employment and your credit score will likely be other considerations. When discussing your options with an advisor at ASI, they’ll provide in-depth details about the specifics. In most cases, there is a minimum amount and a cap on the amount that can be borrowed for emergency loans.

Other Options at ASI

When you find yourself in a tough financial situation, don’t hesitate to visit your local ASI branch and talk to an advisor. With years of experience and a commitment to personalized solutions, they’re often able to explore options you may not have known about or considered. An emergency loan is a great option for some members, but there may also be other solutions that work better for your specific circumstances. For example, we offer a variety of different loan types, including medical loans, as well as credit cards and more.

ASI is Here to Help

Through all life’s ups and downs, you can count on ASI Federal Credit Union. Contact the main office today at 504-733-7274 or call your local branch directly. You’re also welcome to stop by your branch in person to receive personalized, one-on-one support from the banking experts you trust.


   

 

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