
Consolidation loans
There's an easier way to pay off your debt. You can combine all of your debts into a consolidation loan with one competitive fixed rate and one monthly payment.
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Consolidation loans
There's an easier way to pay off your debt. You can combine all of your debts into a consolidation loan with one competitive fixed rate and one monthly payment.
Take control of your debt with one easy monthly payment
Competitive, fixed APR3
Various repayment terms available
To set your loan on the path for success, UCU will pay your creditors. Choosing auto pay from a UCU checking account will give you an additional 0.25% APR loan rate discount.
Interest Rate | Terms |
---|---|
As low as 9.49% APR | Up to 60 months |
What are consolidation loans for?
Getting started is easier than you might think
You can complete the whole loan process anytime, anywhere!
Step 1
Fill out our easy online application.
Step 2
UCU reviews your application.
Step 3
Once approved, UCU will set your loan on the path for success and pay your creditors. Choosing auto pay from a UCU checking account will give you an additional 0.25% APR loan rate discount.
Yes, we offer our members a range of resources to help them manage or get out of debt, including:
To apply for a consolidation loan, you must be a UCU member. Once you’ve determined eligibility, joining is easy. All you have to do is complete an online membership application and deposit a minimum of $5 into your Regular (Share) Savings Account.
In addition to the personalized, comprehensive member service and the savings that come with belonging to a member-owned nonprofit financial institution, members also have the potential to earn up to 5.00% APY2 with a University Checking account plus other products.
With UCU, debt management and loan payments have never been easier. Here are some of the resources available to you to help you with your consolidation loan:
With these and other tools, you can schedule automatic payments, review your balance, transfer money between accounts and make convenient payments from anywhere.
In addition to our debt consolidation loans, we also offer home and auto loans, personal lines of credit, and student loans.
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UCU provides educational modules to make you an expert in budgeting, home loans, retirement, and more.
Gain a wealth of knowledge on subjects such as 529 plans, college financing, mortgages, and estate planning.
*UCU guarantees that our lowest loan rate for cars, credit cards, consumer loans, and HELOCs are in the top 5% nationwide as measured in a monthly rate survey by Rate Watch, a part of S&P Global. Rates are subject to approval and based on an evaluation of credit history and other factors specific to your loan (such as loan term, credit score, loan amount, loan-to-value, and length of credit) and may be higher than the lowest rates advertised. Rates are subject to change at any time.
1APR = Annual Percentage Rate. Rate with Automatic Payment from a University Checking Account may be discounted by 0.25% APR as long as the rate does not fall below 9.49%. Credit Cards, HELOCs, and mortgages are excluded.
2Repeat Borrower discount of 0.25% based on minimum 6 months of positive UCU loan repayment history.
3APR = Annual Percentage Rate. Rates are based on an evaluation of credit history and other factors specific to your loan (such as loan term, loan amount, loan-to-value, age of collateral, as applicable) and may be higher than the lowest rates advertised.
Go on a honeymoon or vacation or pay for a vehicle repair with a personal loan.
Pay interest only for funds you actually use with a UCU Personal Line of Credit.