Sometimes it’s not just how much you owe, but how many creditors you need to pay. Consolidating loans with steep interest rates such as credit cards, student loans and other high-interest loans into one low monthly payment is a great way to manage your finances more effectively, improve your credit score, pay off debt faster and save you money on interest.
Features of Our Debt Consolidation Loan
• Fixed rate as low as 6.99% APR* for 36 months
• Terms available up to 48 months
• Loans up to $25,000
• One convenient payment
• No application fee or prepayment penalty
*APR = Annual Percentage Rate. 6.99% APR is the preferred rate for loan amounts of $500 to $25,000 for up to 36 months, at this rate and term, your monthly payment would be $31.76 for each $1,000 borrowed. 7.99% APR is the preferred rate for loan amounts of $5,000 to $25,000 for up to 48 months, at this rate and term, your monthly payment would be $25.32 for each $1,000 borrowed. Not all members may qualify for the preferred rates; other rates and terms may apply. All loans subject to credit approval. Loan offer valid January 1, 2024 through March 31, 2024. Loan proceeds may not be used to refinance existing Edwards Federal Credit Union loans.