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Consolidation Loans

Simplify your life.

Man leaning back in chair at desk with hands behind his head.

Consolidation Loans

Simplify your life.

  • Consolidation Loans

Lower Your Payments.

Consolidate Your Debt.

Simplify Your Life.

Sometimes personal debt can seem overwhelming, especially if you’re juggling balances from more than one credit card or payments on multiple loans. SCU can help you manage your debt by providing a consolidation loan that works within your budget.

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Lower Your Payments.

Consolidate Your Debt.

Simplify Your Life.

​Sometimes personal debt can seem overwhelming, especially if you’re juggling balances from more than one credit card or payments on multiple loans. SCU can help you manage your debt by providing a consolidation loan that works within your budget.

A Consolidation Loan can:

Lower your payments by exchanging them for one, manageable payment.

Reduce the total interest that you're paying.

Help you pay off your debt faster.


 

Young couple meeting with a Financial Advisor.

Preparing for your Appointment with a Financial Advisor

Here are a few things you should bring with you when you meet with a Financial Advisor for a consolidation loan:

  • Income confirmation: If you are a salaried/regular hour employee bring your latest T4 or letter of employment, plus a current paystub. If you are a variable pay employee bring your last 3 years Notice of Assessments or T4s, plus a current pay stub.
  • List of the debts that you want to consolidate.
  • List of your current assets. Include your house value, vehicles, investments, and bank account balances.
  • List of your liabilities. Include your mortgage or rent payment, credit card balances, personal loans and lines of credit.

 

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