MIT Employee Assistance Loan
Up to $5,000 at 3.50% APR*
MIT Federal Credit Union (MIT FCU) is here to support MIT Employees by offering this special loan.
LOAN AMOUNT, RATE & TERM
- Up to $5,000 for active MIT Employees
- One loan per employee
- 3.50% APR*
- Up to 36 months
- 1st payment deferred for 90 days (example: loan funded on 4/30 would have first payment due 7/31)
- Flexible terms available to accommodate your needs
WHAT DO I NEED?
- MIT paystub
- Completed loan application
- Be a current member in good standing
- Not a member yet? You can join with your loan application
*APR = Annual Percentage Rate. A $5,000 loan would result in 36 equal payments of $147.38.
This offer is available for a limited time and may be discontinued without notice.