Borrower Protection
Whether you're taking out a loan to make home improvements or buy a vehicle, it can be a financial gamble because things happen…life happens.
If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), Altana Federal Credit Union will cancel or reduce repayment of your loan debt. Help lessen your worries, and your family’s worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging. Protected events include: • Loss of life, including those caused by acts of war • Disability, including those caused by acts of war • Involuntary unemployment
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