Consolidate your debts into one, easy payment.
Debt Consolidation LOANS AT YOUR FRIENDLY NEIGHBORHOOD CREDIT UNION IN ROANOKE, VA AND LYNCHBURG, VA AREAS
Looking to get out of debt? Start by consolidating your payments into one easy-to-manage, low interest loan so that you can get out of debt faster! A debt consolidation loan may help you pay off debt quicker by lowering your current loan payment, rate, or term. It’s the perfect time to put more cash in your pocket! Get started today!
Give us a call at 800.342.3429, visit one of our offices, or apply online to get started! We’ll help you determine the best solution for your personal situation, and show you how you may be able to start saving.
See an example of how a debt consolidation loan works!
Debt | Amount Owed | Monthly Payment | Interest Rate (APR*) | Monthly Interest Paid | Without a Debt Consolidation Loan |
---|---|---|---|---|
Credit Card | $3,500 | $95.63 | 13.99% | $40.80 |
Personal Loan | $4,200 | $139.24 | 24.99% | $87.47 |
2nd Credit Card | $2,100 | $53.25 | 9.99% | $17.48 |
Total | $9,800 | $288.12 | --- | $145.75 |
With a Debt Consolidation Loan | |
Amount Owed | $9,800 |
Monthly Payment | $251 |
Interest Rate | 8.00% APR* |
Monthly Interest Paid | $65.33 |