Loan Program

The Teamster Privilege Loan Program is another great benefit you get as a Teamster member. If you are looking for a way to cut down and consolidate your monthly bills or need cash for unexpected expenses, the Teamster Privilege Loan Program can make it easy and affordable to get the funds you need. And it's also good to know, these loans don't compete with union-sponsored credit union loans - they can be used as a supplement to those loans!

Teamster privileges include:

• Personal loans from $2,500 to $10,000 or more with low monthly payments
• Convenient and confidential - apply by phone or by mail
• Competitive rates that are far lower than the rates charged by most finance companies
• Longer repayment periods for unsecured installment loans - up to seven years*
• No application fees, annual fee, points or service charges
• Skip payment options available as long as you remain a union member
• No penalty if you pre-pay
• Your Annual Percentage Rate reduced by _ % if you have your payments automatically deducted from your checking account and you remain a union member*
• Home equity loans up to $250,000 also available

*Final approval and rates are subject to verification of your credit, income and loan amount, which is based on Household Bank's normal underwriting guidelines.

The _ % APR reduction will be in effect as long as you continue to make automatic payments and you remain a union member. Repayment terms for personal loans range from 12-84 months, based on loan amount; home equity loan terms are up to 15 years. Call for interest rates and other details.

Who's eligible?

• Members and retired members
• Adult children of members and other relatives may apply as co-applicants with the union member
• This program is not available to members living in Canada

For more information, call 8am-8pm, EST, Mon-Fri 1-800-235-2759 TTY 1-800-789-0706