What is debt consolidation?
Consolidating your debts involves rolling all of your existing debts (credit cards, loans etc...) into one personal loan - usually with a more competitive interest rate and lower fees. Doing this can help you take control of your debts and give you one manageable repayment to make.
How do I consolidate my debt?
If you're thinking about consolidating your debts and want to get on top of things, we can help you take control. Before you do anything, you should see how much the new loan repayments will be compared to what you're currently paying on your debts. Our debt consolidation calculator can help you work out the right loan, term, repayments and how often you make them.
Why choose a CUA personal loan?
As Australia's largest credit union, CUA profits are reinvested into our business, helping us to grow and invest in areas such as innovation and better member experiences.
No penalties for early payout
Pay off your loan sooner without being charged a fee.
Unlimited free extra repayments
Make extra repayments to pay off your loan quicker without being charged a fee.
No monthly fees
With $0 monthly fees, you can enjoy having a little extra money in your pocket.
Flexible repayment options
Choose to make either monthly, fortnightly or weekly repayments to suit your income and budget.
Easy access to your cash with redraw
Enjoy access to additional personal loan repayments with redraw>|.
Australian based call centres & branches
Our local CUA team members can help you on the phone, in one of our branches or on our messaging app iM CUA.
Calculate your personal loan repayments*
Whatever your next goal is, our repayments calculator can help you find the personal loan that best suits your needs. It allows you to easily figure out your options and calculate how much you would need to pay back weekly, fortnightly or monthly.
* The graphical representation of loan calculations is not precise and is representational only.
The calculations provided are estimates only and based upon the information entered into the calculator by the user. The calculations do not include upfront or continuing credit fees and charges. The resulting calculations do not constitute a loan application or variation to an existing CUA facility, loan offer or loan approval.
Applying for a CUA Personal Loan online
You can quickly and conveniently apply for a personal loan from CUA online. All you need to apply are some documents and an internet connection. In fact, it only takes a few steps.
- You must be aged 18 or over.
- You must be a permanent Australian resident with an Australian residential address.
- You must be receiving a regular income.
- You must not have declared bankruptcy in the last 5 years.
What you will need to apply online
- An email address and contact number.
- Existing CUA Member number (if you're a CUA member).
- Australian driver’s licence, Medicare or passport details.
- Employment and income details.
- Details of your assets, expenses and liabilities.
Other ways to apply
- Visit one of our CUA branches. Find a branch
Call us on 133 282
Mon - Fri: 8:00am - 8:00pm (AEDT) Sat - Sun: 8:00am - 4:00pm (AEDT)