Debt Consolidation

A faster track to financial freedom.

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Are you responsible for multiple credit cards and loan balances, trying to figure out which one to pay off first?

With a personal loan, you may be able to reduce the number of payments you make each month, lower the total interest you pay on your loans, and simplify the work required to manage your finances.

What kind of debt can I consolidate?

Credit Card Debt

Medical Bills

Department Store Balances

Emergency Expenses, and more

Consolidating debt with a Golden 1 Personal Loan makes reducing debt and managing monthly expenses easier.


Less Interest

  • Low, fixed interest rate
  • Roll higher interest loans or credit cards over to your debt consolidation loan, reducing the total interest you pay each month

More Convenience

  • Make one payment monthly, instead of paying card payments and loan payments individually 
  • Choose the loan amount that’s right for you - options between $500 and $50,000
  • Flexible repayment terms
  • No collateral required
  • Easy application process and quick access to the funds

All loans subject to approval. Rates vary with term, and your credit history. Late payment fee is $15.

How does debt consolidation work?


Calculate how much you owe. Add up the total amount owed on the loans you want to consolidate.
Use our Debt Consolidation Calculator.


Apply for your loan. Submit your loan application to Golden 1 through Mobile or Online Banking.


Pay off your existing debts with your loan and move to making a single monthly payment.


Begin making monthly payments for your personal loan. Your regular, on-time payments will be reported to the credit bureaus and added to your credit history.

Working to improve your credit? These resources can help: