Bill Consolidation: Combine a lot of payments into one
High‑interest cards and all those miscellaneous bills can make it hard to get ahead. Consolidate what you owe into one, simpler payment: either with a Personal Loan or a Home Equity Line of Credit (HELOC). See how much you could save!
- One easy to make payment. Trade multiple due dates and variable card rates for a single monthly payment.
- Lower cost of debt. Save on expensive interest by moving high-rate revolving balances into a lower‑rate fixed loan or HELOC.
- Flexible options. Choose a fixed‑rate Personal Loan for certainty or a HELOC for ongoing access to funds backed by your home’s equity.
- No annual HELOC fee & generous limits. Get access when you need it, pay interest only on what you use, and borrow up to eligible limits.
Qualified applicants may be eligible for a low monthly payment of $327 for 36 months with our competitive Personal Loan Annual Percentage Rate (APR) of 10.74%. This is lower than the $362 per month you might pay elsewhere at an 18% APR rate, allowing for meaningful savings throughout the life of your loan.
- Best for: A single, fixed payment and a guaranteed payoff date.
- Highlights: Fixed rate, fixed term, no collateral.
- Considerations: The payment is fully amortized from day one; loan qualification is based on your income and credit.
- Debt Consolidation Calculator: Analyze your debts and estimate your monthly payments here.
- See if you PreQualify: No credit check required - try it now!
A well-qualified individual could potentially halve their interest rate. For example, taking a $50,000 debt at a 15% Annual Percentage Rate (APR), your interest over five years could amount to over $21,000. However, with a fixed home equity loan at 7.25% APR, that interest could potentially be reduced by half, and the monthly payment could be lowered by nearly $200 and a potential savings of more than $11,000 in interest.
- Best for: Flexible access to funds (draw, repay, draw again) and interest‑only payments during the draw period.
- Highlights: Variable rate tied to Prime, introductory rate for the first 12 months*, interest‑only during draw; then principal‑and‑interest repayment.
- Considerations: Secured by your home. The rate is variable after the intro period; payment may change. Plan ahead if your draw period is ending.
- Calculator: Knowing your monthly payment can help create your budget, maximize your savings, and bring you closer to your goals. Try it here!
- See if you PreQualify: No credit check required - try it now!
*APR = Annual Percentage Rate. Introductory rate valid for first 12 months; after which will change to our variable-standard non-introductory rate (currently as low as 7.00% to a maximum 16.00% APR). “Regular” rate after intro rate is variable. The index value as of January 1st, 2026 is 6.75%. Rate may change monthly based on the index which is the Prime Rate as published in the Federal Reserve Bulletin (H.15). The interest rate is determined by credit qualification; the index value plus a margin, which ranges from 0.25% to 2.50%. The rate may not change by more than 3% in any one year. The maximum rate is 16.00% APR. The minimum payment during the draw period will be equal to all accrued yet unpaid finance charges. The minimum payment during the repayment period will be calculated monthly based on the remaining balance, variable rate and loan maturity date, subject to the lesser of $100.00 or your account balance. Third-party fees are applicable and range from $680.00 to $1,280.00.** The minimum credit Limit is $25,000 and the maximum is $399,000. The maximum combined-loan-to-value is 80%. All loans listed are available on primary member residences in California (single-family, owner-occupied detached dwellings, condos, or townhouses). Loan subject to membership, borrower and property qualifications. Property insurance is required. Rates and terms as of January 1, 2026 and are subject to change without notice. Conditions, restrictions, and terms may apply.
**The third-party settlement fees are waived and must be reimbursed if loan is closed within initial 36 months.
First City Credit Union - a Newsweek recognized America's Best Credit Unions for three years running and nation leading 5-star financial institution, has been supporting Los Angeles County Employees, Departments, and Agencies as Angelenos serving Angelenos since 1937 with convenient locations throughout LA County.
