Consolidation Loans

Can I apply for a loan to consolidate my debts?
Any new or current member of London Mutual Credit Union can apply for a loan for any purpose, including debt consolidation. To be eligible to join, you’ll n...
Thu, 12 Dec, 2019 at 10:03 AM
Am I likely to be approved for a consolidation loan?
As a credit union, we aim to help wherever we can, particularly when the purpose of a loan is to pay off existing debts. However, our standard checks on aff...
Thu, 12 Dec, 2019 at 10:05 AM
Is a consolidation loan the best option if I'm struggling with debt?
A consolidation loan will not be right in every situation, and there may be better alternatives, particularly if you are already facing significant difficul...
Thu, 12 Dec, 2019 at 10:07 AM
Will I save money with a consolidation loan?
This will depend on factors including the interest and fees paid on your existing debts, and how long it will take to pay them off. Our calculator tool will...
Thu, 12 Dec, 2019 at 10:09 AM
If I'm approved for a consolidation loan, will you pay everything off for me?
In most cases, once you are approved and receive the loan, it is up to you to contact credit card companies, banks or other companies to whom you owe money ...
Thu, 12 Dec, 2019 at 10:11 AM