NEA Advantage Loan

Member Benefits has partnered with BMG Money to offer a new personal loan benefit. This loan is designed to support members who have limited credit options or less than perfect credit. Members can gain access to personal loans featuring improved interest rates to support financial needs for educators when they need it most.  

Especially for members who have little-to-no-credit options while offering improved interest rates to help with your unexpected financial needs.

Perks of the NEA Advantage Loan


Loans typically range from $500 to $5,000 with an APR below 36%.* There are no penalties for early payment.

Helping You Secure Your Financial Future


As you repay your loan, payment progress is shared with credit bureaus to build credit history.

Financial Wellness Resource


You have access to credit education, credit monitoring and money saving solutions—all designed to help you make sound financial decisions

Better Alternative to a Payday Loan


The NEA Advantage Loan was created as the best hardship loan alternative for educators.

Check this benefit option out should you have the need.