Furlough Assistance
We understand that the government shutdown can create financial uncertainty, and we want you to know that D.C. Teachers’ Federal Credit Union is here for you. If you are experiencing financial hardship due to the shutdown, sequestration, or furloughs, we are ready to help you maintain financial stability and peace of mind during this challenging time.
Please contact us at (202) 547-4800 or request an appointment with a Loan Specialist to explore flexible financial relief options.
Financial Relief Options Available
Skip-a-Payment on Existing Loans
(Excludes Home Equity, HELOC, and Line of Credit)
- Postpone your loan payment for up to 60 days.
- $25 processing fee waived.
Emergency Furlough Personal Loan
- Borrow up to $5,000 at rates as low as 00% APR.
- 60-day payment deferral interest free.
- Applicable rate applies if loan is not paid within 60 days.
- Flexible repayment terms up to 24 months.
Home Equity Loan Support
- Loan forbearance options.
- Loan modification assistance.
Additional Support Services
- Visa® Credit Cards – Secured and Unsecured options
- Overdraft Line of Credit
- Penalty-free early withdrawal from Share Certificates
- Loan Extension
To Qualify for Hardship Assistance:
- Proof of furlough required.
- Proof of income prior to furlough.
- Approval subject to credit tier.
