QuickConnect Partner
About TrueConnect Personal Loan
TrueConnect is a web-based voluntary benefit that provides safe, affordable loans for employees. There is no cost or financial risk to employers. With no benefit enrollment process, and automated administration - it’s quick and easy. Free credit counseling and financial education tools are also available to TrueConnect borrowers.
Why it’s Important
45%
of employees say that personal financial matters cause them the most stress in their lives. PWC
60%
of households faced an unexpected financial shock in the last year. PEW
63%
of Americans say they’re unable to handle a $500 car repair or a $1,000 emergency room bill. CBSNews
1 in 3
American families report having no savings. PEW
Employees Benefit
As a QuickConnect partner, TrueConnect helps employers provide financial security to their employees. Through PlanSource’s modern and intuitive benefits administration solution, TrueConnect may help employers increase productivity and engagement by reducing employee financial stress.
Help cover everyday expenses or unexpected emergencies which can help reduce financial stress resulting in happier, engaged employees
TrueConnect offers free financial credit counseling to all TrueConnect loan borrowers to help reduce and ensure smart borrowing
Employees with no credit or low credit scores are still eligible to apply and receive a TrueConnect loan and it helps them build credit and increase their scores
Employees can pay back their TrueConnect loans through small automatic payments deducted right from their paycheck
The loan process is a fast guided online application and provides an instant decision. Funds are deposited in employee’s account usually within 24 hours
