Frequently Asked Questions (FAQ) - Loans
1. What types of loans does Alhambra Credit Union offer?
Alhambra Credit Union offers a variety of loan options to meet your needs, including auto loans, personal loans, home equity lines of credit, and more
2. How can I apply for a loan?
You can apply for a loan online through our website or visit our branches. Our friendly staff is always ready to assist you with the application process
3. What are the current interest rates for loans?
Interest rates vary depending on the type of loan and your credit profile. For the most up-to-date rates, please visit our Rates page or contact us directly
4. How long does it take to get approved for a loan?
Loan approval times can vary, but we strive to process applications as quickly as possible. Typically, you can expect a decision within a few business days
5. Can I refinance my existing loan with Alhambra Credit Union?
Yes, we offer refinancing options that could help you save money and lower your monthly payments. Contact us to learn more about our refinancing programs
6. What is the minimum credit score required to qualify for a loan?
While we consider various factors in our loan approval process, having a good credit score can improve your chances of approval and help you secure better rates. For specific requirements, please reach out to our loan officers
7. How do I make loan payments?
You can make loan payments through our online banking platform, mobile app, or by visiting our branch. We also offer Message Pay, which allows you to make payments from any external account using your smartphone, tablet, or computer
8. What are the loan repayment options available?
Alhambra Credit Union offers several convenient loan repayment options
- Bill Pay in Online Banking: Log in to online banking and set up one-time or recurring payments.
- Mobile Banking: Use the Alhambra Credit Union mobile app to make payments.
- Online Payments: Make quick and secure payments using your credit card.
- Send a Check: Mail your check to Alhambra Credit Union, 7339 N. 35th Avenue, Phoenix, AZ 85051. Be sure to include your loan account number
9. What should I do if I have trouble making my loan payments?
If you're experiencing financial difficulties, please contact us as soon as possible. Our team can work with you to explore options and find a solution that fits your situation
10. Are there any fees associated with loans?
Fees may vary depending on the type of loan and specific terms. For detailed information on fees, please refer to your loan agreement or contact us directly