Imagine what you
could do.
Work toward your dream of being debt free by consolidating your loans into one simple payment.
DEBT CONSOLIDATION OPTIONS
Create a plan so you can focus on what really matters.
When you have a goal to reduce or pay off debt, it can be helpful to consolidate your loans into one easy payment. And potentially cut the amount of interest you’re paying. Check out these options to help you take the first step toward your dream of financial freedom. Or give us a call at 888.267.7200 if you’re not sure which option is best for your situation.
Personal Loan
If you have credit card debt, you might be able to reduce your interest rate by consolidating your card balances with a personal loan. Enjoy predictable monthly payments over a specific amount of time. No collateral is required.
Home Equity Loan
Use the equity you’ve built in your home to consolidate your debt or start a renovation. Choose a fixed loan option for predictable payments. Or explore a revolving line of credit to pull funds when you need them.
Max Cash Out Refinance¹
By working with our partners at Mortgage Center, you could refinance your existing mortgage and borrow additional cash with no restrictions on how to use the funds. You’ll have one easy monthly payment.
How to make a plan to pay off debt.
How to make a plan to pay off debt.
Being in debt can make it difficult to achieve your other life goals. But it’s possible to break out of the debt cycle when you have a plan in place to achieve this goal. And make a big impact on your overall financial wellbeing.
Keep track of your payments.
Keep track of your payments.
Sign up for Online Banking to keep track of your account balances, make loan payments, use Bill Pay, and more. Or download the free Lake Trust Credit Union app on the App Store or on Google Play to manage your accounts on the go.
*You must sign up for Online Banking before you can use Mobile Banking.
What's a debt-to-income ratio?
Learn how debt payments impact your monthly budget and your credit.
WHAT'S MY DTI?
Is now a good time to refinance?
Learn more about the advantages of refinancing your home and what to consider before you apply.
LEARN ABOUT REFINANCING
Mortgage Center is an Equal Housing Lender, NMLS #282701.
1Not all mortgage products are available in all states or for all borrowers. Program terms are subject to change without notice and depend on credit approval, property type, and other qualifying factors. This is not a commitment to lend. For details on current rates, eligibility, and availability, please contact us at 888-429-6908.
