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  Home > Loans & Credit Cards > Debt Consolidation
Debt Consolidation
 
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Debt Consolidation
 

Get back to square one.

High-cost debt can leave you feeling maxed out. Take control of your finances by reducing your bills to one, low-interest monthly payment using any of our smart consolidation options.

Put your home to work for you.
You've put a lot of time and money into your home, and now it can give you something back in the form of a fixed home equity loan. Borrow up to 100% of the equity in your home to pay off your current balances and enjoy a low, fixed rate. Plus, your interest may be tax deductible¹, so you could save even more!

Get on the road to financial freedom.
Lowering your car payment by refinancing your auto loan is an obvious first step to saving money. But did you know it can also help you drive down your overall debt? If the market value of your car is greater than the outstanding balance on your loan, you can borrow the difference to pay off other balances. Then cruise along with your new lower-interest rate and low monthly payment.

Another option for those who own their vehicles free and clear is to use the equity toward an auto secured loan. Borrow up to 100% of your vehicle's estimated value and drive away debt at the same low rate as our auto loans!

May the best card win.
Read the fine print. Transferring balances to so-called 0% interest credit cards will most likely cost you more in the end. A better choice for consolidating debt is a credit card with no annual fee, no balance transfer fees², and low interest rates that result in low monthly payments — that stay low. Plus, if you use your Platinum Visa, your balance transfers will earn you rewards points³.

We're here for you.
Don't see an option that works for you? Alternatives may be available. Contact our Member Service Team and we'll do our best to come up with a solution that meets your needs.

¹Consult your tax advisor.
²Call our Member Service Team to transfer balances without paying a fee. Balance transfers made via convenience check are considered Cash Advances and fees apply.
³Transfers must be made via phone through our Member Service Team to qualify for CURewards points.
 
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Copyright 2005 Quorum Federal Credit Union
Serving members since 1934.

Rates, Terms & Conditions subject to change.
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