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%
700-759 A 11.00% 12.0% 13.50%
650-699 B 12.00% 13.00% 14.50%
600-649 C 14.00% 15.00% 16.50%
550-599 D 15.00% 16.00% 17.50%