Wailuku Federal Credit Union's fast and convenient personal loans are incredibly versatile – they can be used for just about anything you choose. They're perfect for specific purposes like repairing your car, paying for unexpected events, taking a needed vacation, or purchasing a new computer. For personal loans, Wailuku Federal Credit Union offers loan terms of up to five years with highly competitive rates.

One of the most helpful uses for personal loans is debt consolidation. Debt consolidation is the process of combining your different bills into one – and lowering your interest rates and monthly payment amount in the process. Essentially, you'll secure a personal Debt Consolidation Loan (DCL) from Wailuku Federal Credit Union and, in turn, we'll assume your debt. Instead of paying your creditors, you'll pay Wailuku Federal Credit Union a single monthly payment, repaying the DCL.

Rates on DCLs are fixed and usually significantly lower than the rates offered by your creditors. At Wailuku Federal Credit Union, fixed rates on our personal DCLs are as low as {{RATE}} . Compared to credit card rates of 20-25%, this represents significant savings, which means lower payments. And by lowering your interest rates through consolidation, you'll be able to get out of debt faster and save a lot in interest costs, often as much as several thousand dollars!

In addition to helping you save on interest costs, consolidation can also help raise your credit score – perhaps even significantly. A higher credit score will result in lower interest rates in the future, and might also help you qualify for higher loan amounts.

Whether it's debt consolidation or another specific need, Wailuku Federal Credit Union has the personal loans to help.