TUMCU understands answering the call to serve as clergy comes with unique financial challenges. Debt burden can impact peace of mind, and in turn, the capacity to serve. TUMCU is here to help clergy live a better financial life. A pastor must be a TUMCU Member to apply for lending services (that part is easy and free and can be done using this link > https://www.tumcu.org/join/).

The purpose of ClergyAssist is to provide the opportunity for active and retired clergy to make significant progress towards relieving their overall debt burden. Clergy can borrow up to $25,000, unsecured, to alleviate high interest debt. Rates are as low as 5.99% APR (APR = Annual Percentage Rate. All loans are subject to TUMCU’s customary underwriting and documentation. Loan approval subject to credit and income evaluation. Terms up to 60 months. Other terms and conditions may apply).

IMPORTANT: If you have an urgent financial need – Clergy can apply for up to $3,000, without a credit check, for up to 24 months at only 6.99%. These smaller loans can often assist clergy to bridge the gap during tight financial times, preventing serious long-term debt or getting involved with predatory lenders, and funds can be made available in as little as the next business day after application.

Applying for help using ClergyAssist is easy – get started by completing our ClergyAsssist application using the button below.

 

 

Looking for other Financial Education Resources?

Check out the financial education resources linked below to assist you in your journey towards better financial well-being.

  1. Budgeting Worksheet
  2. 3 Steps to Financial Freedom
  3. Debt Reduction Plan
  4. Credit Score Basics
  5. Credit Score Myths

Note: You must be a TUMCU Member and in good standing for at least 1 year before receiving a Clergy Assistance Loan. We allow members to have only one (1) loan of this type (a loan with no credit-check). If you have another ‘no credit-check loan’ from us with a balance, it must be paid off first before receiving another.