Debt Consolidation Loan

Simplify Your Finances.

Debt Consolidation Loan Details

Eastern Credit Union’s Debt Consolidation Loan is a smart solution to streamline your financial obligations. We understand how managing multiple debts can be overwhelming. Our Debt Consolidation Loan is designed to combine your various unsecured debts — such as credit cards, consumer loans, vehicle loans, and other personal debts — into one manageable loan. This approach not only simplifies your finances but can also offer a lower interest rate and reduced monthly payments, giving you the peace of mind and financial freedom, you deserve.


Flexible Loan Duration

Loan terms of up to a maximum of 84 months (7 years) are tailored to match your financial timeline.

Consolidate Multiple Debts

Simplify various unsecured debts into a single loan.

Potential for Lower Interest Rates

Aim for a more affordable loan solution.

Streamlined Financial Management

One loan, one payment plan.

Reduced Monthly Payments

Ease your monthly financial burden.

Support for Self-Employed Members

Accommodating a range of financial situations with specific document requirements.

Required Documents for Application

  • Share requirement details based on your relationship with Eastern Credit Union.
  • Job Letter (for employed applicants).
  • Recent salary slip (for employed applicants).
  • Evidence of Income/Expenditure (for self-employed applicants).
  • Bank Statements from the last 12 to 18 months (for self-employed applicants).
  • Supporting Documents as per request.

Begin Your Journey to Financial Clarity

Take the first step towards consolidating your debts and achieving financial clarity. Apply now for a Debt Consolidation Loan and start your path to a more streamlined and stress-free financial life. Fill out the form below, choose your preferred branch, and let Eastern Credit Union guide you to a more manageable financial future.

Explore Further: Uncover More of Our Personal Loans

Quick Loan Calculator

Utilize our Quick Loan Calculator to estimate your monthly payments and find the perfect fit for your budget.