The Teamster Privilege Loan Program is another great benefit you get as a Teamsters member. If you are looking for a way to reduce and consolidate your monthly bills or need cash for unexpected expenses, the Teamster Privilege Loan Program can help you with personal or home equity loans. You can take advantage of competitive interest rates and special assistance during strikes and layoffs that you won’t find at finance companies.

Check out the loan program’s benefits:

• No application fee

• Low monthly payments

• Skip-payment privileges on personal loans

• Up to six months of strike coverage on home-equity loans

• Unsecured personal loans from $2,500 - $25,000

• Home equity loans from $5,000 - $350,000

Who’s Eligible?

U.S. Teamster members and retirees. Adult children of members and other relatives may apply as co-applicants with the member. This program is not available to members living in Canada.

Approval and rates are subject to bank verification of your credit, income and loan amount. The union has no involvement in credit decisions. 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. Loans may not be available in every state/ The benefits and features are accurate as of 2/1/08.

Click here for more information or to apply,
or call 1-888-235-2759,
8 a.m.-6 p.m. ( E.T.) Monday through Friday.