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.
Our Loan Officers
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.
Kathy, Sr. Loan Officer
"Always goes above and beyond, a true pro” Member R.J.
“I always deal with Kathy. She was helpful to me, when I needed it the most.” Member S.F.
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
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.
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.
Telco Plus Credit Union offers its members Payment Protection credit life and credit disability insurance through Trans American Insurance. Credit life insurance pays the outstanding balance on your loan if you die before the loan is paid off. Credit disability insurance provides funds to help you make your loan payments if you are unable to work because of an illness or accident.
Most members are eligible to apply for credit life and credit disability insurance. Coverage is available for single or joint borrowers, at affordable rates, and premiums are automatically added to your loan payments. Contact us for details on Payment Protection credit life and credit disability insurance.
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.