Yes, you will be responsible for paying back your existing credit using the loan from GWCU. We will not be involved in this process.
Make sure you contact your bank and any other organisation you have credit from and pay off your full balance. Once that is complete, you only need to worry about paying your loan from the credit union.
Great Western Credit Union Ltd. Registered office: 2 York Court, Upper York Street, Bristol BS2 8QF. Registered No. 597C. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference No. 213583. We are members of the Financial Services Compensation Scheme and we subscribe to the Financial Ombudsman Service. Copyright © Great Western Credit Union. All rights reserved
What is a consolidation loan?
