Abbey Credit Union is here to help members affected by the government shutdown. Our Government Furlough Assistance Loan offers up to 12 months at 7.25% for any credit score, with a maximum loan amount of one month of net income. If the loan is paid in full within 30 days, the accrued interest will be refunded*. Proof of income and verification of impact are required. Members impacted by the shutdown can also skip their October loan payment with no fee through our Skip-A-Pay program**.
*Approved loan amount will be up to 1 month worth of net income. Member must provide proof of net income through a paystub, bank statement, or direct deposit into an Abbey Credit Union account. Member must also provide verification of belonging to a group negatively affected by the government shutdown. This special loan is a fixed rate of 7.25% Annual Percentage Rate for the entire 12-month term. For example, a $1,5000 loan with a 12-month term at a rate of 7.25%, will have a monthly payment of $129.96. Interest accrued will be refunded if the loan is paid in full within 30 days of loan closing. If your payment is more than 10 days late, there is a $35 late fee. Member must be in good standing. No loan processing fee. All loans are subject to credit review and approval. Accurate as 10/6/2025. APR or loan special may change at any time.
**The following loans are not eligible for Skip-A-Pay: Mortgages, Home Equity Loans, HELOCs, Visas, Lines of Credit, and Member Business Loans. Member is to provide verification of belonging to a group negatively affected by the government shutdown and sign our Skip-A-Pay form.
