By consolidating your debt, you are able to take better control of your money. Consolidation Loans can save you money on interest from your monthly bills and may help lower your overall payments each month. Tonawanda Valley Federal Credit Union offers Consolidation Loans for members who wish to consolidate four or more bills into one easy payment. The loan can be disbursed for a term as long as 48 months (4 years). If the loan term is greater than 36 months, the minimum payment amount is $200.00. There is no minimum payment amount for loans with a term of 36 months or less. Simply fill out a loan application form, provide proof of income and statements of the creditors being consolidated, and then let us take care of the rest. Once your Consolidation Loan has been approved, the creditors will be sent a check directly from the credit union. And you will simply make one payment each month on your Consolidation Loan with TVFCU. It’s that easy!
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