BDCU Consolidation Loan NOW LIVE…

Our Debt Consolidation Loan is back by popular demand.

Feedback from BDCU members tells us they are worrying about the debt they have with other financial institutions. Members say they are wanting to bring all their borrowing into one manageable loan. Consequently, this will improve their financial and mental well-being.

Furthermore, with inflation soaring, interest rates rising, and everyone being affected by the Cost-of-Living Crisis, people are feeling the squeeze on their finances.

We're here to help

BDCU is offering a new Consolidation Loan to new and existing members for existing loans, overdrafts, and credit cards (subject to credit and affordability checks).

Benefits of our Consolidation Loan:

  • At BDCU you can consolidate into one easy payment. At a fixed interest from 12.7% APR - Our rates are amongst the lowest of other credit unions and lenders e.g co-op bank at 16.8% APR
  • No fees - as you can take a loan without paying an early repayment charge
  • Flexible loans - We make sure a loan from a credit union is affordable. And if your circumstances change, we are here to help you

The following terms and conditions for the Debt Consolidation Loan are:

  • This loan is available NOW
  • Borrow between £200 and £7,500
  • From 12.7% APR promotional rate
  • All loans are subject to normal lending application criteria and affordability checks

Once your loan is approved, it will be sent to your creditor via faster payment. Therefore, can be available the same day

Note: The rate of interest is fixed. It will not go up with inflation or the Bank of England interest rate.