Consolidation Loans

Weber State Credit Union has a variety of products and services available to help eliminate your debt. Debt consolidation loans can help to ease the burden of high interest rates and multiple monthly payments.

Depending on your situtation, there are several ways to consolidate your debts into one low payment. Below are the options available to you. To get started on your debt consolidation, read the different options below, then visit one of our branches to speak with a specialist who will work with you one-on-one to find the best options for you.

Debt Consolidation Options:

Mortgage Option- If you own a home and have been there for a while, chances are you owe less on your mortagage than what your house is worth. By working with our mortgage department, you might be able to use the equity in your home to roll your house payment, car payments, credit card payments, payday loans, student loans, or any other debts into one easy payment.

Balance Transfer Option- If you have more than one credit card in your wallet, it may be a good idea to consolidate all your cards into a single card payment. Department store and furniture store credit cards have interest rates that can be crippling to your finances. By consolidating your miscellaneous cards, you also eliminate multiple bills, and get an interest rate as low as 9.75%* with the Weber State Credit Union Platinum card.

Auto Equity Option- If your car is worth more than what you owe, you can use the equity in your car to consolidate debts into your car payment. Rolling your credit cards, title loans, personal loans, and payday loans into your car payment can drastically lower monthly payments and reduce the interest and fees you pay.

Personal Loan Option - If you would like to consolidate a few thousand dollars in various debts down to one easy payment, you may want to take out a personal loan to elimiate multiple monthly payments. Personal loans are also an inexpensive alternative to payday and title loans. By rolling all your smaller payments into one loan, you have the convenience of one payment with a lower interest rate to save you money.

To get started on your debt consolidation, visit one of our branches to visit a specialist who can help you explore your options and get your debts paid off sooner.

*9.75% Annual Percentage Rate available O.A.C. See a representative for details.

For assistance or questions relating to any of the products, accounts or services we offer, please call 399-9728.