Union Plus Review: Is It A Scam Or Is It Legit?

Union Plus, a non-profit organization founded by the AFL-CIO in 1986, offers exclusive benefits and services to union members and their families. With over 13 million members, the organization has been a trusted resource for union members seeking financial assistance, health and wellness programs, legal services, and retirement planning.

In this comprehensive review, we will explore the pros and cons of Union Plus, its range of services, and address frequently asked questions to help you make an informed decision about whether Union Plus is the right choice for you.

Union Plus Summary

When considering loan options, it’s important to choose a reputable lender that meets your needs. Union Plus partners with First National Bank of Omaha to provide loans to its members. The interest rate for these loans is determined based on factors such as creditworthiness, with APRs ranging from 5.99% to 15.99%. While not everyone will qualify for the lowest interest rate, enrolling in AutoPay can earn you a 0.25% interest rate discount. The loan terms are tailored to your APR and loan term qualifications. However, there are restrictions on the loan’s purpose, excluding postsecondary educational expenses and tuition, as well as the consolidation of post-secondary educational loan debt.

Pros of Union Plus

Union Plus offers several benefits to its members:

• Exclusive Benefits: It provides its members with exclusive discounts on travel, shopping, scholarship award, and entertainment. This can help members save money on everyday expenses and leisure activities.
• Financial Assistance: The organization offers financial assistance in the form of loans, grants, and scholarship awards. This can be invaluable for union members facing unexpected expenses or pursuing education.
• Health and Wellness: It provides a range of health and wellness programs, including dental and vision care, prescription drug discounts, and mental health services. These services promote the well-being of union members and their families.
• Legal Services: Members have access to legal services, including free consultations and discounted rates on legal representation. This can be particularly beneficial for members who require legal assistance.
• Retirement Planning: It offers retirement planning services, including pension and annuity options, financial counseling, and education. This helps members prepare for their financial future.

Cons of Union Plus

While Union Plus offers valuable services, there are some limitations to consider:

• Limited Membership: It is exclusively available to union members and their families. If you are not a union member, you will not be eligible to join or access its services.
• Limited Coverage: Although it provides a wide range of services, some programs may have limited coverage, and not all services are available in all areas. It’s important to check the availability of specific benefits in your location.
• Limited Resources: As a non-profit organization, it may have limited resources compared to other institutions. While it strives to provide comprehensive services, there may be limitations on the extent of support it can offer.

Union Plus Services

Union Plus offers a comprehensive set of services to its members:

• Travel: Members can enjoy discounts on travel, including airfare, car rentals, and hotels. These discounts can significantly reduce the cost of vacations and business travel.
• Shopping: Its members receive discounts on a wide range of products, including clothing, electronics, and home goods. This allows members to save money on their everyday purchases.
• Entertainment: It offers discounts on entertainment, such as movies, theme parks, and sports events. Members can enjoy leisure activities at reduced prices.
• Financial Assistance: Members have access to financial assistance, including loans, grants, and scholarships. These resources can help members overcome financial challenges and pursue their goals.
• Health and Wellness: It provides health and wellness programs, including dental and vision care, prescription drug discounts, and mental health services. Members can prioritize their well-being without breaking the bank.
• Legal Services: It offers legal services, including free consultations and discounted rates on legal representation. This can be beneficial for members facing legal issues or seeking professional advice.
• Retirement Planning: It provides retirement planning services, including pension and annuity options, financial counseling, and education. Members can plan for a secure and comfortable retirement.

The Union Plus Education Foundation offers scholarships to eligible students pursuing education at various levels, including technical or trade school, and community college. It also offers accredited college and technical college options This competitive scholarship is available to participating union members and their families, supporting graduate students and those beginning their studies. The scholarship award amounts, determined by impartial post-secondary educators, are competitive and aim to alleviate the financial burden of education. The foundation, with its phone customer service, ensures that students have access to assistance throughout the application process. By providing opportunities for recognized technical and trade schools and partnering with participating unions, the Union Plus program product opens doors to higher education for union members and their families, offering a valuable one-time cash award for their academic pursuits.

How to Become a Member of Union Plus

To become a Union Plus member, you must be a current or retired union member or a family member of a union member. The eligibility criteria may vary depending on your union, but generally, you must be in good standing and have paid your dues. Becoming a member is free, and you can sign up on the website by providing proof of your union membership or relationship to a union member.

Once approved, you can access all the benefits and services. Simply log in to your account on the Union Plus website to access discounts, and benefits, and apply for financial assistance.

The Benefits of Union Plus Membership

Being a Union Plus member comes with numerous advantages:

• Exclusive Discounts: Its members enjoy exclusive discounts on travel, shopping, and entertainment. These savings can add up, allowing members to stretch their budgets further.
• Financial Assistance: Members have access to loans, grants, and scholarships, helping them navigate financial challenges and pursue education or handle unexpected expenses.
• Health and Wellness Support: It provides comprehensive health and wellness programs, ensuring members can maintain their well-being. From dental and vision care to mental health services, these resources contribute to a healthier lifestyle.
• Legal Services: Members can take advantage of legal services, including free consultations and discounted legal representation. This ensures access to professional advice and assistance when needed.
• Retirement Planning: It offers retirement planning services, empowering members to secure their financial future. From pension and annuity options to financial counseling and education, these services assist members in making informed retirement decisions.
• Union Plus Credit Card: Members can apply for the Union Plus Credit Card, which provides cashback rewards and additional benefits. This credit card offers further savings and perks exclusive to Union Plus members.
• Union Plus Mortgage: Its members can access the Union Plus Mortgage program, which offers competitive rates and discounts on closing costs. This program facilitates affordable homeownership.
• Union Plus Auto Buying Service: The Union Plus Auto Buying Service allows members to purchase new or used vehicles at discounted prices. This service simplifies the car-buying process and helps members save money.
• Union Plus Heating Oil Program: Members can participate in the Union Plus Heating Oil Program, which provides savings on heating oil expenses. This program offers relief during the colder months.
• Union Plus Scholarship Program: It provides scholarships ranging from $500 to $4,000 for the children and grandchildren of its members. This program supports educational aspirations and reduces the financial burden of tuition.

Union Plus membership offers a wide array of benefits and services that can improve the financial well-being and quality of life of union members and their families.

How Does Union Plus Compare to Similar Organizations?

Union Plus offers benefits and services that are similar to other organizations catering to union members and their families. However, Union Plus stands out due to its exclusivity to union members and their families. While other organizations may provide comparable services to the general public, Union Plus focuses solely on serving union members.

One significant similarity between Union Plus and other organizations is the discounts they provide. Many organizations offer discounts on travel, shopping, and entertainment, but Union Plus offers exclusive discounts that are not accessible to the general public.

Furthermore, while other organizations offer financial assistance, health and wellness programs, and retirement planning services, Union Plus tailors these services exclusively to union members and their families. This specialization ensures that the services provided align with the unique needs and circumstances of union members.

One area where Union Plus distinguishes itself is through its legal services. By offering free consultations and discounted rates on legal representation, Union Plus provides a valuable resource for union members in need of legal assistance.

Overall, Union Plus compares favorably to other organizations serving union members and their families. Its commitment to exclusive benefits and services tailored to the needs of union members sets it apart.

Ensuring Quality of Services

Union Plus places a strong emphasis on ensuring the quality of its services. Here are some measures taken by the organization:

• Partnerships with Reputable Providers: It collaborates with trusted providers and vendors to offer its benefits and services. By partnering with established companies known for their quality products and services, Union Plus ensures that its members receive reliable and satisfactory experiences.
• Ongoing Review and Improvement: It regularly reviews its benefits and services to ensure they meet the needs of its members. The organization values feedback from members and other stakeholders, using it to enhance its offerings and make necessary changes.
• Dedicated Customer Service: It maintains a dedicated customer service team ready to assist members with any questions or concerns. The organization prioritizes providing high-quality customer support, ensuring that members receive prompt and helpful assistance.
• Non-Profit Commitment: As a non-profit organization, it operates with the best interests of its members in mind. Its primary focus is on providing quality services rather than generating profits. This commitment ensures that members receive services designed to benefit them rather than prioritize financial gain.
• Established Reputation: It has earned a strong reputation for delivering quality services to its members over more than 35 years of existence. The organization’s longstanding presence in the industry and the trust and loyalty it has garnered from its members serve as testaments to the quality of its services.

While Union Plus is not accredited or endorsed by the Better Business Bureau (BBB), it has received positive reviews from its members. Customers have praised the organization for its exclusive discounts, financial assistance, health and wellness programs, and customer service. While there have been some negative reviews, they are in the minority, and most members report a positive experience with Union Plus.

Union Plus Hardship Help Program

In times of financial hardship, Union Plus offers support to its members through various programs and resources:

• Hardship Help: Union members facing financial difficulties due to job loss, illness, or other circumstances can access hardship help. This assistance includes resources such as financial counseling, budgeting advice, and debt management assistance. It aims to help members regain financial stability during challenging times.
• Strike Benefits: Union provides strike benefits to members who are on strike. These benefits can include cash payments, health care coverage, and other forms of support to help alleviate the financial burdens associated with participating in a strike.
• Layoff or Furlough Assistance: Members who have been laid off or furloughed can receive assistance from Union Plus. This assistance may include job search support, financial counseling, and access to resources such as unemployment benefits.
• Mortgage Assistance: It offers mortgage assistance to members struggling to make their mortgage payments. This assistance can include loan modifications, payment assistance, and counseling services to help members stay in their homes.
• Save my Home Hotline: It operates a Save my Home Hotline that members can call for assistance with foreclosure prevention, loan modifications, and other housing-related issues. The hotline provides guidance and resources to help members protect their homes.
• Credit Counseling: It provides credit counseling services to help members manage their debt and improve their credit scores. Members can receive one-on-one counseling, develop debt management plans, and access other resources to regain control of their finances.
• Bankruptcy Counseling Fee Waiver: To support members considering bankruptcy, it offers a fee waiver for bankruptcy counseling. This waiver saves members substantial fees and helps them navigate the bankruptcy process more affordably.
• Disaster Relief Grants: Union Plus offers disaster relief grants to members affected by natural disasters such as hurricanes or floods. These grants provide financial assistance for temporary housing, home repairs, and other necessary expenses in the aftermath of a disaster.
• Hospital Grants: Members who require extended hospitalization can apply for hospital grants. These grants assist with expenses such as transportation, lodging, and meals for family members during the hospital stay.
• Disability Benefits: It provides disability benefits to members who are unable to work due to illness or injury. These benefits can include cash payments, health care coverage, and other forms of support to help members navigate their financial challenges during a period of disability.
• Medical Bill Negotiating: Union Plus offers medical bill negotiating services to help members reduce their medical expenses. Members can work with professional negotiators to negotiate lower medical bills and potentially save significant amounts of money.

Through these programs, Union Plus demonstrates its commitment to supporting its members during difficult times and providing assistance to alleviate financial burdens.

Union Plus Education Foundation

The Union Plus Education Foundation is a non-profit organization that focuses on providing educational opportunities for current and retired labor union members and their families. The foundation offers scholarships to eligible students attending accredited colleges, graduate schools, community colleges, and technical or trade schools. These scholarships are awarded based on academic ability and financial need.

Over the years, the Education Foundation has awarded millions of dollars in scholarship funds to union members and their families. The scholarship amounts vary depending on the program and are determined by impartial post-secondary educators.

The Education Foundation also partners with participating unions to offer education programs and resources to their members. The Union Plus program provides access to post-secondary education opportunities that might otherwise be financially out of reach for current and retired union members and their families.

The foundation’s commitment to supporting union families in their pursuit of post-secondary education extends to community colleges, technical colleges, accredited colleges, and universities. It provides opportunities and resources to help students achieve their academic goals.

To apply for scholarships, eligible students can visit the Union Plus website and complete the application process. The foundation’s evaluation criteria consider factors such as academic achievement, personal goals, and social awareness. Scholarship amounts vary depending on the study program and level of education being pursued.

Overall, the Union Plus Education Foundation offers substantial support to union members and their families seeking higher education opportunities. By providing scholarships, resources, and partnerships, the foundation aims to reduce the financial barriers associated with pursuing post-secondary education.

Union Plus FAQs

How much does Union Plus charge for personal loans?

The interest rate on Union Plus loans varies based on factors like creditworthiness and loan terms. Typically, APRs fall between 5.99% and 15.99%. Enrolling in AutoPay can earn you a 0.25% interest rate discount. The specific monthly repayment amount depends on the APR and loan term you qualify for.

Who can become a member of Union Plus?

Union Plus membership is available to current or retired union members and their immediate family members, including spouses, domestic partners, and dependent children. The eligibility criteria may vary depending on the union, but generally, you must be a member in good standing who has paid your dues.

How much does it cost to join Union Plus?

Joining Union Plus is free for union members and their families. There is no cost associated with becoming a member.

How do I access Union Plus services?

Once you become a Union Plus member, you can access the organization’s services through its website or mobile app. Simply log in to your account to access your benefits, find discounts, and apply for financial assistance.

How do I find out about new Union Plus services and discounts?

Union Plus regularly communicates with its members through email, newsletters, and social media to keep them informed about new services and discounts. Members can also visit the website for updates on the latest benefits and services.

What should I do if I have a problem with a Union Plus service or benefit?

If you encounter any issues with a Union Plus service or benefit, you can contact the organization’s customer service team for assistance. They are available to answer questions and address any concerns you may have.

How does Union Plus protect my personal information?

Union Plus takes the privacy and security of its members’ personal information seriously. The organization employs industry-standard security measures to safeguard member data and only shares information with partners and vendors when necessary to provide services.

Are there any pre-payment penalties?

Union Plus does not impose pre-payment fees, allowing you to pay off your loan early without penalties. This flexibility appeals to borrowers who prefer to pay off their loans on their own terms.

How does Union Plus affect your credit?

When considering a loan, it’s important to understand how each step may affect your credit score. While a soft credit check may be conducted initially to provide an idea of interest rates and loan terms, the actual loan application may require a hard credit inquiry. Hard inquiries can lower your credit score.

How can I cancel Union Plus?

Personal loans, once disbursed, cannot be reversed or canceled. It’s essential to carefully consider your decision before accepting the loan to avoid any issues later on.

Tips for Financial Well-Being

If you find yourself struggling to make ends meet, consider the following advice to improve your financial situation:

• Create and Stick to a Budget: Developing a budget is vital for maintaining healthy finances. It helps prevent overspending and encourages better spending decisions.
• Seek Financial Advice: Consulting a financial advisor can be beneficial, especially if you’re facing financial challenges. They can assess your current situation and provide valuable guidance tailored to your unique circumstances.
• Communicate with Creditors: If you’re facing debt-related difficulties, don’t hesitate to reach out to your creditors. Many companies are willing to work with customers to create manageable payment plans.

Remember, responsible financial management takes time and effort. By implementing these tips and seeking support when needed, you can regain control of your finances.

Is Union Plus Legit or a Scam?

Union Plus has been offering a range of financial services for over 36 years. While the organization holds an A- rating from the Better Business Bureau (BBB), it has received mixed reviews from customers. It’s essential to carefully evaluate the interest rates and repayment terms of any loan before committing. Comparing rates from different lenders and reading customer reviews can help you make an informed decision and avoid taking on a loan that may be unaffordable.

Conclusion

Union Plus, a non-profit organization founded by the AFL-CIO, offers exclusive benefits and services to union members and their families. With a focus on financial assistance, health and wellness, legal services, and retirement planning, Union Plus provides valuable resources to support union members in various aspects of their lives.

While Union Plus has limitations, such as limited membership and resources, it compares favorably to other organizations serving union members. It ensures service quality through partnerships with reputable providers, ongoing reviews, dedicated customer service, and its non-profit commitment.

Union Plus’s programs, including the Hardship Help Program, Education Foundation, and extensive range of services, demonstrate the organization’s commitment to assisting members during challenging times and providing opportunities for personal and professional growth.

When considering personal loans from Union Plus or any lender, it’s crucial to carefully review the terms, interest rates, and repayment options. Additionally, understanding your financial situation and seeking professional advice can help you make informed decisions to improve your financial well-being.

Overall, Union Plus is a legitimate organization dedicated to serving the needs of union members and their families. With its exclusive benefits, financial assistance, and extensive range of services, Union Plus can be a valuable resource for those seeking to save money, enhance their well-being, and plan for the future.