RETIREMENT CREDIT PERSONAL LOAN
A LOW-RATE PERSONAL LOAN TO BUY RETIREMENT CREDITS
Achieve your goal of retiring early by borrowing to fund the purchase of retirement credits.
EMPLOYEES PARTICIPATING IN PERS CAN USE THIS LOAN TO PURCHASE RETIREMENT CREDITS AND RETIRE EARLY
If you are an educator close to retirement. Buy out of your retirement credits and enjoy an early retirement. Obtain funds for retirement credits without collateral requirement. Quick application process with terms up to 60 months and loans up to $50,000.
RETIREMENT CREDIT PERSONAL LOAN FAQS
For Educators that have a “purchase of service agreement” from PERS.
- You MUST have Direct Deposit and Auto Transfer
- Purchase of Service Agreement required from PERS (Public Employee’s Retirement System)
- Proof of income (may be waived at the discretion of the credit analyst)
EXPLORE OUR EDUCATOR EMPLOYEE LOAN OPTIONS
Retirement Credit Home Equity Loan
For Educators only: Enjoy an early retirement. Buy out your retirement credits using the equity on your primary home as collateral.
Advanced Curriculum Loans
Borrow the funds you need for a professional certification program or an advanced degree with our tuition loan especially designed for educators.
Educator Loans
Licensed, full-time educators can apply for a loan up to $2,000 at a competitive, fixed rate to help with classroom expenses.cover.
SET YOURSELF UP FOR FINANCIAL SUCCESS
Learn more about how to manage your money and increase your financial wellness.
Two Easy Ways to Save for Retirement
Effortless, yet effective methods to start saving for your golden years.
How to Start Managing Your Debt in Two Simple Steps
Key strategies to get yourself on the path to financial freedom.
How to Prepare for College Life
Practical advice on how to manage your money during college so you can enjoy this new adventure!
All loans are subject to approval. Rates, terms, and conditions are subject to change.
Membership eligibility is required. Must be a Silver State Schools Credit Union member to borrow. Membership at SSSCU requires a savings account with a minimum balance.
