Debt Consolidation: A Fresh Start for the New Year

The start of a new year is the perfect time to take control of your finances. If juggling multiple credit card balances and loan payments has been stressful, debt consolidation could be your solution. At Public Service Credit Union (PSCU), we make it easy for members to combine high-interest debts into one manageable loan—helping you simplify your life and save money.

Why Consider Debt Consolidation?

Debt consolidation means rolling multiple debts into a single loan with one monthly payment. Here’s why it works:

  • Lower Interest Rates: PSCU offers competitive rates that can reduce what you pay in interest compared to credit cards.

  • Simplified Payments: One due date, one payment—less stress and fewer late fees.

  • Clear Payoff Plan: With a fixed term, you’ll know exactly when your debt will be paid off.

  • Improved Credit Health: Making consistent, on-time payments can boost your credit score over time.

Don’t Forget About Your Equity

When planning a debt consolidation strategy, consider the equity you may have in your home, vehicle, equipment, or even valuable items like jewelry. Using these assets as collateral for a secured loan can unlock lower interest rates compared to unsecured options. This means more savings and a faster path to financial freedom.

Our lending team can help you explore all your options—whether it’s leveraging home equity or using a vehicle as collateral. Every situation is unique, and we’re here to guide you toward the most cost-effective solution.

The PSCU Advantage

As a member-focused credit union, PSCU provides benefits you won’t find at big banks:

  • Personalized Service: Our lending team works with you to find the best solution for your financial goals.

  • Local Commitment: We’re rooted in Wausau and serve members across Wisconsin.

  • Trusted Partner: PSCU is federally insured by the NCUA, so your financial security is always protected.

Ready to Start Fresh?

Don’t let debt hold you back in 2026. Contact our lending team today to explore your options for a debt consolidation loan. We’ll help you create a plan that fits your budget and sets you up for success.

📞 Call us: (715) 842-9865
📧 Email: loans@publicservicecu.org

Personal Finance, LoansKyle Turner