BILL CONSOLIDATION LOANS
To apply for this loan, you must be a member and have a share account. If you're not yet a member, check your eligibility and join us today.
Loan application fee $25
BILL CONSOLIDATION LOAN
Consolidating your debts means to transfer some or all of your debts that are at a higher interest rate into one loan payment that charges you a lower interest rate than the one you are currently paying.
You may apply up to $45,000 given qualifying credit history, credit score and income. This will be an installment loan for 12-60 months, with a rate of 9.5%-17.5% depending on the term, with a fixed monthly payment.
For any loan over $10,000 a credit score over 740 is required. Our general requirement is a credit score of at least 620, good standing credit history and debt to income below 45%.
10% of loan balance is frozen in share account on all unsecured consumer loans.
|CREDIT SCORE||CREDIT TIER||UP TO 36 MONTHS||37-48 MONTHS||49-60 MONTHS|
|760 and above||A+||10.00%||11.00%||12.50%|