DEBT SHED LOANS

Save more for your big moments in life! Combine your high interest debt that may be weighing you down with a Debt Shed loan! CFCU is here to help you get relief from the debt that could be weighing you down.

Our Debt Shed Loan is a low rate debt consolidation loan that allows you to bundle higher-costing debt such as:

  • Credit Cards
  • Medical Bills
  • Personal Loans
  • And More!

By making consistent, on-time payments, our low rate loan could even help you increase your credit score! Don’t let yourself become a victim of high interest credit cards, with an endless number of bills every month. Let CFCU help you feel financial freedom! 

Check out how much you could save with a $7,000 Debt Shed Loan!

 
STORE CREDIT CARD CFCU DEBT SHED LOAN
Balance = $7,000 Balance = $7,000
Interest Rate = 24.99%APR* Interest Rate = 7.99%APR
Months to payoff = 36 months Months to Payoff = 36 months
   
Monthly payment = $278
Total Interest Paid = 
$3,018 
Monthly Payment = $219
Total Interest Paid = $895
THAT'S A TOTAL SAVINGS OF $2,123.00**
 

Find out if your estimated payment will save you money with our loan calculator
Effective April 6, 2020

Debt Shed

  APR*
Debt Shed 7.99%**

*APR = Annual Percentage Rate. Rates shown are the best available, are based on credit history, and subject to change without notice. Please see a CFCU Financial Service Representative for full details. **Max to Lend = $7,000. No additional discounts for Auto Transfer/Electronic Payment. Refinancing of existing CFCU debt not available with Debt Shed.
*Average credit card rate from www.creditcards.com.
**Savings comparison based on $7,000.00 credit card debt at 24.99% APR with an estimated term of 36 months. Monthly payment and total amount of savings not guaranteed.  Contact us for more information.
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