Refinance after the holidays and save. Consolidate higher-interest debt into one simple loan.

Woman drinking coffeeWith the holidays now past us, it’s a good time to review the finance rates you’re paying to see if you can reduce the interest charges you pay every month.

Look at your bills from other financial institutions, such as auto or personal loans, credit cards and retail store cards. If they have higher interest rates than ours, it pays to consolidate them into a single loan from Allsteel Credit Union.

Our debt consolidation loan offers a rate as low as 7.25% APR.* Plus, you can borrow up to $24,000.

You’ll also enjoy other time- and money-saving conveniences, including fast approvals, easy repayment methods and no prepayment penalties.

Refinancing debt from other lenders to a lower-rate loan from Allsteel Credit Union can save you a lot. The chart below illustrates the savings between the as-low-as rate on our personal loan and the average rate on new credit card offers nationally.

We’ll take care of transferring your existing balances to Allsteel Credit Union and send payoff checks to your credit providers. So you can start saving immediately.

Apply online or visit the credit union office or call us at 630-906-2050.

Loan Rates Table

*APR = Annual Percentage Rate. APR is based on excellent credit history, for terms to 48 months, and reflects the following discounts: .25% for use of Allsteel eStatements; plus .25% for automatic loan payments via ACH, direct deposit or payroll deduction; plus .25% for use of Allsteel checking, direct deposit and two or more other services (from among a first mortgage, home equity loan or line of credit, credit card, savings or IRA certificate, and money market). APR is not available on loans already financed at Allsteel Credit Union. Your actual rate will be based on credit qualifications and underwriting factors. Rates subject to change without notice. All loans subject to credit approval. Payment example: $1,000 financed for 48 months at 7.25% APR is a payment of $25.00 per month. A $30 documentation fee applies to each closed loan.

†15.18% is the average rate on new card offers for the week of Oct. 31, 2016, according to the Weekly Credit Card Rate Report.

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