Individual looking at laptop at an outdoor cafe.
Debt Consolidation Loan

Simplify your finances

High limits and competitive rates to help you manage fewer monthly payments1

On this page:

Shorten your monthly to-do list and save money by paying less interest.2 Combine multiple existing loans into one simple monthly payment that you can make online. We specialize in understanding various UN contract terms, often enabling us to lend to more members at competitive rates.

More benefits

  • Board check.

    Apply for free

    Apply online or in person with no application fee or origination fee.

  • Calendar.

    No fee for repaying early

    There are no pre-payment penalties if you choose to pay back your loan before the end of your term.

  • Checkmark.

    Earn rebates & extra dividends

    Your loan balance with us contributes to your eligibility for Member Loyalty Rewards

  • Personal protection.

    Protect your loved ones

    Your loan includes payment coverage in the event of your passing. 

Debt consolidation loan details

Included with a debt consolidation loan

Loan amount

Included with a debt consolidation loan

Up to $150,0003

Rate

Included with a debt consolidation loan

Fixed starting at 13.45% APR1

Term

Included with a debt consolidation loan

Up to 15 years
(shorter terms offer lower rates)

Collateral required

Included with a debt consolidation loan

None

Decision time

Included with a debt consolidation loan

As little as four business days

Application fee

Included with a debt consolidation loan

$0.00

Pre-payment penalties

Included with a debt consolidation loan

$0.00

Origination fee

Included with a debt consolidation loan

$0.00

Disbursement time

Included with a debt consolidation loan

As little as one business day4

Member Loyalty Rewards

Included with a debt consolidation loan

Credit Life Protection

Included with a debt consolidation loan

Credit Disability Debt Protection

Included with a debt consolidation loan

Enroll for a fee

Consistent monthly payment amounts

Included with a debt consolidation loan

Board check.

Check your eligibility

Repaying what you borrow should never be a struggle. We evaluate each loan request based on factors that can affect your ability to repay. View eligibility criteria.

Two individuals looking at a cellphone.

Apply for a debt consolidation loan

Complete your online application 24/7 from anywhere in the world.

Top debt consolidation loan FAQs

All UNFCU loans are in US dollars (USD).

Unsecured loans are not backed by collateral. This means there is no asset for the lender to claim if the borrower is unable to pay back the loan. Our unsecured personal loan is an example of an unsecured loan.

A secured loan requires an asset as collateral. For example, a mortgage is a secured loan. The home being purchased is used as collateral to secure the mortgage. In the event the home buyer is unable to repay the mortgage, the lender can claim the property.

For unsecured loans and secured auto loans, the term of your loan is one of several factors that determine the rate. The term of the loan does not impact the rate for a secured with deposit loan. For lines of credit, including credit cards, term is not applicable. 

You can select your term as part of the application process. Loans with shorter terms usually have lower interest costs but higher monthly payments than loans with longer terms. Term options range from six to 180 months, depending on the loan. The loan officer who reviews your application may contact you to discuss a different term than the one you selected. This will be based on our assessment of how much you can afford to pay each month.

Please contact us as soon as possible to inform us of your future plans. If you receive a final entitlement, we may apply the full amount or a portion of it to cover the amount you owe. We will discuss your options with you.

No, there is no fee to apply for most UNFCU loans.

Resources to help you get started

Visit the Help Center
Loans

Choosing the right loan FAQs

Loans

Compare loans calculator

Loans

Required documents for your loan application

Loans

Debt consolidation calculator

Master your monthly spending

Understanding where your money goes can help you pay off debt faster. Learn one simple strategy for budgeting.