Debt Consolidation Loan


 

 A woman uses scissors to cut several credit cards.

DEBT CONSOLIDATION LOAN

TAKE CHARGE, ONE BILL, ONE LOW RATE

Do you dread opening your credit card bills each month? If you’ve become overwhelmed about managing multiple bills and high rate debt, you might want to consider consolidating your bills with one low-rate loan.  With a Debt Consolidation Loan, you can pay off your credit cards and personal loans with just one low monthly payment that could save you interest as well. 

A debt consolidation loan is an unsecured loan similar to a personal loan and does not require any collateral like an auto loan or mortgage.

There can be many benefits to taking out a Debt Consolidation Loan.

  • Consolidate Credit Cards and personal loans
  • Pay off medical debt
  • One Monthly Payment
  • No collateral necessary
  • No application fees
  • Terms up to 60 months based on credit worthiness
  • Low Interest Rate – saves you money (Compare our rates with any competitor)
  • No prepayment penalties
  • Budgeting gets easier
  • Stop Collection Calls
  • Reduce Stress

Current DRIVER'S LICENSE / IDENTIFICATION REQUIRED for application process. 

Apply for a consolidation loan today and discover the flexible, low-interest options we offer.

If you’re a homeowner and have equity in your property, you might want to consider a home equity loan or home equity line of credit to consolidate your debt. Interest paid on a home equity loan or home equity line of credit may be tax deductible. Consult your tax advisor on deductibility of home equity interest.

A toy house on a table next to a stack of coins.

Home Equity Loan

If you’re a homeowner and have equity in your property, you might want to consider a home equity loan or home equity line of credit to consolidate your debt. Interest paid on a home equity loan or home equity line of credit may be tax deductible. Consult your tax advisor on deductibility of home equity interest. Contact our Mortgage Specialist at:
901-321-1200, option 3
 
NMLS# 712315
Become a MemberJoining your credit union only takes a few minutes!

Here's what you'll need: 
Your SSN
Your Driver's License or State ID
Your Contact information

Do you already have a login?
Log in and choose the Quick Apply Tab for a faster experience. We can prefill part of the application and provide access to your MCECU accounts.

YES         NO