The Learning Centre:
Now available: full withdrawal of service loans
Educators Financial Group has partnered with Tandia Credit Union to bring emergency loans (EasyApp Strike Loans) to education members in case of full withdrawal of services.
Labour negotiations can create uncertainty for education members. When a full withdrawal of service happens, sometimes the pay alone is insufficient to meet your financial needs. A Full Withdrawal of Service Loan smooths out an unexpected drop in income.
How it works
Education members simply need to fill out a simplified, one-page application form for a loan of up to $5,000 at an interest rate of 6%. (Click here for a PDF of the application.)
Completed applications are to be sent directly to Tandia at the fax number noted at the top of the application – with the goal of expediting the process for education members in need.
These loans have been designed to be quick and easy. Other financial options might be available – in the form of unsecured or secured lines of credit. Educators financial planners and lending specialists are ready to help with individual consultations. Educators can be reached at 1-800-263-9541 or by filling out the online form.
The information in this article is general only; it is not intended as specific investment, financial, accounting, legal or tax advice for any individual.