Debt Consolidation Loans
- Our debt consolidation loans can be unsecured, partially-secured or fully lien-secured as well as can be a second mortgage on a home.
- The rate will depend on the type of collateral, if any is available.
- We provide debt consolidation loans between $1,500 and $15,000.
- Above $15,000 requires an A or A+ credit score (above 680).
- Our maximum term is 60 months.
Generally, we will want to meet with any member applying for a debt consolidation loan to review all debts to be included in the loan. We offer one-on-one budget counseling and sometime require it prior to making a decision on a debt consolidation loan. We will often require that the borrower signs a "no new debt" agreement with us, to ensure that new indebtedness does not continue. Our goal is to help our members, reduce their debt and increase their savings!
Our Members make the difference.
Member Since 2001
"The credit union has helped me straighten out my credit so I could own a home. They helped me every step of the way to homeownership right down to recommending and suggesting various avenues to save money and providing me with my first mortgage. They have always been there to make recommendations when I needed financial advice. I'm a member for life because they've made such a difference in my life."