The Police Credit Union is ready to assist members affected by business shutdowns and quarantines. If you are a member who has been impacted by COVID-19 (coronavirus), we have the following options available:
Apply for an Emergency Assistance Loan
Members of The Police Credit Union who have been affected by the COVID-19 shutdowns are eligible to apply for a low interest rate Emergency Assistance Loan of 3% APR* for loans up to $7,500.00, up to a maximum of a 36 month term.
|Emergency Assistance Loan
||36 months maximum
To apply, please contact The Police Credit Union at 800.222.1391.
Additional Assistance Options
Most existing loan payments and credit card payments can be deferred. Contact us at 800.222.1391 for more information.
If you are a member that has current loans with The Police Credit Union and opted for payment protection coverage that includes involuntary unemployment protection, please allow us to file a claim on your behalf. Each claim will be reviewed based on contractual language to determine eligibility.
We have many other non-loan related options and are ready to assist you during this uncertain time. Give us a call at 800.222.1391 and let us know how we can help you today.
*APR = Annual Percentage Rate. Example rate of 3% Annual Percentage Rate (APR) with 36 monthly payments = $29.08 per $1,000 borrowed. Available to members in good standing with memberships established on or before March 1, 2020 or Active Law Enforcement personnel. Rate, terms, and conditions of the Emergency Assistance Loan are subject to change and this loan can be discontinued without notice.