Support through unexpected moments.

Your story can change in one moment. But a Life Impact Loan can help ease some of your stress during difficult times.

APPLY NOW1
Two parents sit on a couch with a baby and toddler and read a book
LIFE IMPACT LOAN

Breathe easy. You can do this.

LIFE IMPACT LOAN

Breathe easy. You can do this.

A sudden change in employment, an unexpected illness, or a natural disaster can change your financial situation in an instant. These moments are scary because of the unknowns ahead. But a Life Impact Loan is a simple option to reduce your financial worries. This loan can help you cover essential expenses so you can focus on your wellbeing. And get back on your feet.
A man types on a laptop at a kitchen table while a young boy across from him writes in a notebook

Find peace of mind.

Find peace of mind.

A Life Impact Loan can minimize the financial impact of an unexpected life event by giving you the funding you need to pay other bills, buy groceries, cover rent, or take care of other essential household expenses. For additional peace of mind, you can even choose a due date up to 60 days away for your first loan payment.2 You must have a Lake Trust membership for at least 6 months to qualify for a Life Impact Loan.
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Life Impact Loan
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Sometimes life throws a big obstacle in your path. But you’re not alone during this journey. A Life Impact Loan can give you an extra cash cushion to use for essential or emergency expenses after an unexpected life event.
INTEREST
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MINIMUM LOAN AMOUNT
$500
APPLY NOW1
MORE DETAILS
Fixed-rate terms up to 24-months available

No collateral required

First payment due up to 60 days after approval2

Maximum loan amount: $4,000

Proof of hardship due to company layoff/furlough, government employee shutdown, natural disaster, etc. is required

Apply online, by phone at 888.267.7200, or in person at any Lake Trust relationship center to see if you qualify

Must be a Lake Trust member for at least 6 months to apply
You may be able to cancel or waive payments on a Lake Trust credit card or another loan if you have loan protection coverage. Call us at 888.267.7200 for more details.

More ways you can find support.

A man sits in Brighton Coffeehouse talking on a cell phone and has a laptop in front of him

Skip-a-Pay.

If you have other Lake Trust loans, you may be able to skip up to two payments every 12 months. Log in to Online Banking or call us to request Skip-a-Pay.

LOG IN TO ONLINE BANKING
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Help with debt management.

Our partners at Greenpath™ Financial Wellness can help you make a budget. And create a plan to manage your debt during challenging times.

CONNECT WITH GREENPATH4

FINANCIAL WELLBEING LIBRARY

Find your power.

You have the power to take control of your finances. Reach your goals. And dream bigger. Find resources and articles here to help you on your journey.

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1 Must live, work, worship, or attend school in the state of Michigan to qualify for membership. Must be a Lake Trust member for at least 6 months. See eligibility requirements.

2 Interest begins to accrue on date of loan disbursement.

3 APR=Annual Percentage Rate. Rates based on credit history, term, security, and amount borrowed. Rates effective September 30, 2024 and subject to change.

4 Third party website. Lake Trust Credit Union is not responsible for the content, availability, security or compliance of any linked third party websites. In addition, the site’s privacy policies may differ from those of Lake Trust.