Debt Consolidation Loan
Access up to $400,000* to pay off high-interest debt such as:
- Unsecured Loans
- Credit Lines
- Credit Cards
- Hire Purchase
- Pay day Loans
- Personal Loans
Experience bliss and Tranquillity when you trade multiple payments for ONE low monthly installment with our Debt Consolidation Loan.
Benefit from affordable repayment terms and a savings element that will put you on the pathway for increased financial stability, monetary rewards and allow you to leave a legacy of Financial Health.
Live Life Light
Why debt consolidation is right for you
Advance Protector Coverage
In the event of death of total/permanent disability on loans over $85,000, your loved ones will not be left with a burden.
Direct Payment and Cash Back Benefit
Get 95% of your loan amount paid directly to the creditor, alongside a 5% cash back on your TCU Debit Card or Line of Credit.
Extended Repayment Period
Benefit from our flexible
repayment schedule with terms extending up to 7 years.
Empower Your Financial Future
Enhance your financial
stability by growing your share capital with us.
Invest in Your Financial Growth
With a mandatory minimum
share contribution of $200 monthly during your loan term, you’re steadily
building your financial strength for the future.
Hassle-Free Payments
Automate your monthly TCU
payments through Salary Assignment to TCU or Salary Deduction, making loan
management simpler and more efficient.
How it works?
3 Step Process to
Get Started
Step 1
Book Loan Appointment
Step 2
Get Approved
Step 3
Live Debt Free
What you will need
Valid Identification
(National ID Card, Driver’s Permit / Passport)
Proof of Income
Proof of Income, Job Letter and Last Month’s Pay Slip
Recent Proof of Address
Recent Statements
(Savings and ALL Loans / credit facilities outside of Tranquillity Credit Union)
