Your Debt Consolidation Options

If you are paying too high of interest rates, let us help you find the best option for consolidating your debt and lowering your average interest rate. See a few of our options for debt consolidation below.

Personal Loan

Personal Loans are a great way to consolidate all of your high interest debt into one simple payment each month. With fixed rates and terms, you will know exactly how much you owe each month and when your final payment will be. You’ll finally be able to see the light at the end of the tunnel. Click here for more details.

Credit Card Balance Transfer

GCEFCU offers a Classic and Rewards VISA Credit Card, both at low fixed monthly rates. Unlike many other credit cards, there is no annual fee or fee for transferring a balance that you have elsewhere to your GCEFCU credit card. In addition, you also have the option to transfer some of your available balance from your credit card to your checking account, right within online banking. Click here for more details.

Title Loan

If you have paid off your vehicle and have the title, you can use it as collateral for a Title Loan. This is a great option for those needing cash at a lower interest rate. If you are interested in a Title Loan, please call the credit union at 281-487-9333.

Home Equity Loan

If you have available equity in your home, a Home Equity Loan is a great alternative for consolidating debt at a very low interest rate. You can finance up to 80% of your home’s value, less any outstanding loans.

Need help deciding?

Submit a request for a free debt consolidation report, and one of our loan officers can help you find the right solution. We’ll take a closer look at your credit report and make suggestions on where you can save the most money.