Fresh start for 2024 - consolidation loan from Copperpot Credit Union

4 January 2024

Give your finances a fresh start through debt consolidation.

Our Consolidation Loan allows members to consolidate their debts up to £25,000, over a maximum term of 96 months. It may be something you want to consider if you’re currently repaying high interest debts such as credit cards, overdrafts or other forms of finance.

Debt consolidation is the process of combining your existing debts into a single loan. This can be done by applying for a new loan and using the funds to repay and close other financial accounts (e.g. credit cards, credit agreements, loans etc). The process of consolidating debt means that you are charged one interest rate, have one monthly repayment, and hopefully have more disposable income.

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