Consolidating secured debt
Whether its lingering credit card debt or you just overextended a bit during the holidays, a Patelco Debt Consolidation Loan can help you pay off debt faster and save money while you do it. Start the year off in better financial health with a Patelco Debt Consolidation Loan.Limited Time: Special Rate as low as 7.90% APR* A consolidation loan can give you the leverage you need to lower your monthly payments, pay off bills, and save yourself the hassle of writing multiple checks.It’s easy – Get your loan and pay the balance in full by the time your certificate matures.The rate equals what you’re currently earning on the certificate, with only an added 2.25%. We can help you with your financial fitness goal by consolidating your high interest debt into one manageable loan.Learn more about becoming a Commitment Household member.
A loan with a longer term may have a lower monthly payment, but it can also significantly increase how much you pay over the life of the loan.When left to get out of control, debt can have more than financial implications on your life.The build up of debt has been linked to the onset of stress and even mental health problems.Terms up to 10 years are available but funds in your checking, money market, IRA, and certain other accounts may not be used as collateral.By taking out one of our Certificate Secured Loans, you can borrow up to 100% of the balance on almost all Patelco certificates!