When it's time to replace your car, buy a new home or borrow money for whatever reason, Telco Plus Credit Union has what it takes. Our Loan Department features home equity loans, auto loans, credit cards, and various other loan products. For information on these and other loan products and services, please click on a link in the menu to the right.
“Telco is the best place to use if you need a credit loan and the people are just great - very friendly
and kind.” – Member C.M.
Pam, Vice President
“The best person at Telco Plus CU” Member S.R.
“She went beyond the call of duty, she knew exactly what I needed and took care of me.” Member A.W.
Se habla español
Thank you for choosing Telco Plus
Credit Union for your lending needs. To apply for a loan or a MasterCard with
Telco Plus Credit Union simply click on the application button below. Please complete the information requested and
submit your application. If you were not able to complete your application you
have up to 10 days to click on the link and finish it. A Financial Services
Representative will contact you within 4 hours during normal business hours, or
the next business day if completed after hours. All loans are subject to Telco
Plus Lending Policies and Credit Approval.
If you have questions regarding the application process please feel free to call us at 903-753-5588. Business hours are Monday - Wednesday between 9:00 a.m. & 5:30 p.m. (CT) Thursday - Friday between 9:00 a.m. & 6:00 p.m. (CT) Saturday between 9:00 a.m. & 12:00 p.m. (CT).
Individual Credit - only one borrower is responsible for repaying this loan.
Joint Credit - more than one person (a borrower and
co-borrowers) is responsible for repaying the loan.
Married Applicants - May apply for a separate account.
please call or log into online banking for an application.
Shopping for a new or used car or truck? You've already got plenty to think about: Makes, models, optional equipment, colors, and so on. We want to help our members during the shopping process and with a loan. Everything Automotive is an online tool that will help you during the process of buying a car. Everything Automotive is a powerful tool that lets you search local vehicles, take virtual test drives, print FREE CarFax reports, calculate payments, and apply for a loan. We want to help every member receive the best deal on their auto purchase. Take Everything Automotive for a test drive today!
When it comes to financing, make it easy on yourself with an auto loan from Telco Plus Credit Union. We have loans available for new and used cars and trucks. Our loans feature competitive interest rates and the kind of efficient, personalized service that only your credit union can provide.
Click here to learn more about
A personal loan from Telco Plus Credit Union can help with your loan needs, whatever they may be. You can use a personal loan to consolidate debt, finance a vacation, or cover holiday expenses. All of our Personal Loans come with low interest rates, fast processing, convenient repayment terms and efficient, personalized service you're accustomed to receiving from your credit union.
You're not just getting money, you're getting a cooperative. Telco Plus CU believes practical sense, financial literacy, and educational partners is the winning combination to set you up for success. We could give you money and send you on your way, but you might end up on the wrong side of the statistics. We want to make sure you succeed, that is way we have partnered with organizations to help us achieve your goals.
This loan program is here to help the starts-ups, the low income, women owned, minority owned, and new citizens owned entrepreneurs.
Micro Business Loans for an unsecured loan is up to $10,000 and up to $50,000 for secured loans. Ask one of our loan officers today.
+ Free educational events once a quarter
+ Member Business Directory on our website
+ One free ad on all indoor TV monitors
+ Training and advise from professionals
Ready to add to your leisure-time fun with a street legal motorcycles, boat, personal
watercraft, ATV, or motor home? Let Telco Plus Credit Union help you finance
those dreams. We offer loans on new and used recreational vehicles. All our
loans come with competitive interest rates and efficient, personalized service.
When it's time to stop dreaming and hit the road or the water, come to Telco
Plus Credit Union for your recreational vehicle financing needs!
Telco Plus members can apply for mortgages through our website. We have an alliance with Member Home Loan, LLC (MHL). Established in 2005 by Credit Unions, MHL is a full service Credit Union mortgage company and broker. As a Fannie Mae and Freddie Mac approved seller and servicer, MHL offers mortgage loan origination, processing, underwriting, closing and funding services for Credit Union Members.
The site will walk you through the whole process step-by-step, if you have any issues, you can call your Telco Plus Loan Officer or the toll free number to speak to a live MHL representative. We are offering fixed rate financing for purchases and refinances and more! Try a free quote today.
Turn your home ownership into a more rewarding experience with a Home Equity
Loan from Telco Plus Credit Union. Capitalize on the value you've built up in
your property with cash for home improvements, educational expenses, or whatever
purpose suits you. A Home Equity Loan from Telco Plus Credit Union carries a
competitive interest rate and the efficient, personalized service you're
accustomed to receiving from your credit union.
Please contact us for more information on loans.
Now you can pay for college the smart way with three great repayment options and competitive interest rates!
This loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. To learn more or to apply, please get started here.
The Smart Option Student Loan features and benefits:
Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates, providing even more flexibility
No origination fee and no prepayment penalty
Rewards and interest rate reductions available
Rates that reward creditworthy borrowers
Applying with a creditworthy cosigner may help you qualify
100% US-based Student Loan Specialists
To learn more, please get started here.
At Telco Plus Credit Union, we offer the MasterCard® Credit Card. Your credit card should offer convenience, not high costs. Why spend more on fees and interest charges than you have to? Discover the savings of a Telco Plus Credit Union MasterCard® Credit Card.
You'll enjoy the following benefits:
View, pay, and manage your account online
No annual fee
Secured and unsecured fixed rates
25-day grace period
No transaction fee on cash advances from your credit union (interest accrues from the day of the advance)
Free travel and accident insurance
Optional life and disability insurance available at low rates
|Interest Rates and Interest Charges|
|Annual Percentage Rate (APR) for Purchases||6.74% to 18.00% When you open your account your APR will vary with the market based on an index*|
|APR for Balance Transfers||6.74% to 18.00% your APR will vary with the market based on an index*|
|APR for Cash Advances||6.74% to 18.00% your APR will vary with the market based on an index*|
|How to Avoid Paying Interest on Purchases||
Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay the entire balance by the due date each month.
|Method for Computing the Balance for Purchases||
Average Daily Balance (including new purchases)
|Minimum Interest Payment||
|For Credit Card Tips from the Federal Reserve Board||
To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore
|Card Replacement Fee||$5.00 per card|
|Balance Fee for Purchases||NONE|
|Foreign Transaction||1.00% of each transaction amount|
|Late Payment||Up to $25.00**|
|Returned Payment||Up to $27.00 per item|
periodic rate is based on an index (the "Index"), which is the highest Prime
Rate as published in the Money Rates section of The Wall Street Journal on the
15th day of the month for the preceding three months plus 6.74%. See also
Section 5. Cost of Credit.
** A late fee will be added to your account if you are twenty-five (25) or more days late in making a payment.
Your life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan balance or loan payments against death, disability, or involuntary unemployment could help protect your finances.This protection could cancel your loan balance or payments up to the contract maximums.
Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent. Protect your loan balance or loan yments today so your family can worry a little bit less about tomorrow.
Your purchase of Debt Protection with Life Plus is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply.
*Please contact your loan representative or refer to the Member Agreement for a full explanation of the terms of Debt Protection with Life Plus. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid.
DP-1467002.1-0416-0518 ©2017 CUNA Mutual Group, All Rights Reserved.
Congratulations on your decision to seek financing! You have made a smart choice and, we appreciate the opportunity to serve your financial needs.
Entering into a financial contract is an important decision, and one that should not be taken lightly. Before finalizing your paperwork, we would like for you to take a moment to review a short informational presentation on several loan protection products that are available for you and your family.
Click on the picture below to view each product video.