Attention Members: In honor of MLK Jr. Day, our credit union will be closed on Monday, January 19. We will resume regular business hours on Tuesday, January 20.

Simplify Your Finances with Debt Consolidation

The new year isn’t just another date on the calendar, it’s your opportunity to reset, refocus, and take control of your financial future. If you’re juggling multiple payments or have high interest rates eating into your budget, Labor Credit Union has solutions to help you consolidate your debt and regain control. We have options that can help you:

  • Combine multiple debts into one simple payment: No more tracking different due dates
  • Lower your interest rate: Keep more money in your pocket each month
  • Pay off debt faster: With a clear timeline and manageable terms

Choose the Option That Fits Your Needs

Personal Loans

Get a fixed rate and predictable monthly payment to pay off credit cards, medical bills, and other high-interest debt. Apply online today to take advantage of:

  • Flexible terms: Up to 72 months
  • Borrow what you need: Loans from $1,000 up to $25,000
  • Competitive fixed rates: Lock in your rate for predictable payments*
Learn About Personal Loans

Home Equity Lines of Credit (HELOC)

With a HELOC, you could have access to a revolving line of credit starting at $20,000 on properties located in Maryland, D.C., and Virginia. With our HELOCs you can:

  • Borrow more: Up to 95% of your home’s value
  • Low closing costs: Keep more money in your pocket
  • Flexible payment options: Choose interest-only or 1% payment plans**
Learn About HELOCs

Let’s Make 2026 Your Year

You’ve got the resolution. We’ve got the resources. Together, let’s make this the year you take control of your financial future. Not sure where to start? You don’t have to figure it out alone. Our lending experts are here to guide you through your options and find the right fit for your situation.

Contact Our Lending Team

 

*As an example, a loan for a member with excellent credit of $10,000 at Annual Percentage Rate (APR) of 7.49% for 36 months results in a monthly payment of $311. Your APR may be higher and is based on your credit and loan terms. Loan approval & processing is based on standard loan underwriting guidelines. Not all applicants will be approved. Equal Opportunity Lender.
**Prime Rate as published in the Wall Street Journal the first business day of each month. As of January 1, 2026, the Prime Rate is 6.75%. Not all applicants will qualify for this rate. Annual Percentage Rates are based on the applicant’s credit and our underwriting standards, which may include discounts for additional credit union services. APRs are subject to change based on Prime with a minimum rate of 3.00% and maximum of 18%.