What is a consolidation loan?
A consolidation loan allows you to combine all your outstanding credit into one.
By taking a consolidation loan from our credit union, you can pay off your existing credit and focus simply on paying back your loan.
Examples of credit that you can consolidate with a consolidation loan:
- Credit card payments
- Overdrafts
- Loan repayments
- Car payments
To learn more about what consolidation loans are, and how they can help you breathe easier, check out our blog post: Could debt consolidation help you cope with the cost of living?
Is a consolidation loan the right option for you?
