RMCU has a variety of loan options to help you consolidate your debt. We can work with you to have one monthly payment that fits your budget.
The Home Equity Line of Credit, or HELOC, allows you to open a line of credit with spending limits using the value of your home. The benefit of a HELOC is that you have funds available but you only pay interest on what you spend.
A vehicle with equity available allows you to roll additional debts into one loan at a lower interest rate.
Low limit signature loans are an easy and affordable way to consolidate debt. With nothing held as collateral, you get a lump sum when the loan is approved to help pay off other debts.
Share and Certificate Secured Loan
Using fund in your savings or certificate as collateral you can consolidate debt to have one low monthly payment.