Clico Credit Union

Debt Consolidation Loan

Consolidate your monthly installments into one easy affordable payment.

Member must have at least six months of consecutive monthly installments.

Band/Repayment:

Loan Amount up to$150,000.00
Minimum share balance: $25,000.00 (Pledged to loan)
Mandatory monthly share contribution: $300.00

Loan Amount up to $200,000.00
Minimum share balance: $35,000.00 (Pledged to loan)
Mandatory monthly share contribution: $300.00

Loan Amount up to $300,000.00
Minimum share balance: $50,000.00 (Pledged to loan)
Mandatory monthly share contribution: $400.00

Loan amount up to $400,000.00
Minimum share balance: $75,000.00 (pledged to loan)
Mandatory monthly share contribution: $500.00

Documents:

  • Job Letter (with in the last 6 months)
  • Payslip (most recent)
  • Valid scanned ID and one other form of ID (DP, PP, ID, or Birth Certificate)
  • Proof of address (must be in member’s name or letter /form signed by named addressee
  • Supporting Documents

Ready to apply?

Apply for a loan and get a response from our Loan Officers.

Apply online

Make an appointment with a Loan Officer

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Calculators & tools

With our borrowing power calculator, you can estimate how much you can borrow and what your repayments would be.

Consolidation Loan Calculator

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Required documents

There are specific documents required for submission together with your loan application when applying for a loan via Home Banking, Mobile Application.

Note that loan applications can only be processed upon receipt of these documents.