Debt consolidation loans from 9.9% p.a.*

Has the interest free period on your credit card or hire purchase expired? You could be paying up to 29% p.a. interest. Consolidate this debt into a competitive personal loan with Credit Union Baywide. 

Our 9.9% p.a.* secured and 10.9% p.a.* unsecured finance could save you money on interest, reduce your weekly repayments and help pay off your debt quicker.  Read more on consolidating debts.

Don't wait

Apply now

Select the flexible debt consolidation rate that suits you

secured loans from
9.9% p.a.*

minimum $2,000 - maximum $50,000 

affordability and credit score criteria apply

unsecured loans from
10.9% p.a.* 

minimum $2,000 - maximum $50,000

affordability and credit score criteria apply

Rates & loan information


loan value

$2K - $50K

loan term

6 mths - 7 years

interest rates

9.90 - 28.90% p.a.

approval fee



Personal finance rates

Our interest rates are priced using a risk matrix that takes into consideration a range of factors including an individual's credit score and affordability. Based on the assessment of and individual's financial information provided we will assign a risk grade and the corresponding interest rate could apply.


Secured loan

Unsecured loan


Interest rate p.a.*

Interest rate p.a.*

Orange A



Orange B



Yellow A



Yellow B



Green A



Green B



Blue A



Blue B



Purple A



Purple B




*Note: These interest rates p.a. are indicative only and may be subject to change without notice.


View our interest rates and fees here


For information on our loan agreements and terms and conditions click here.


When applying for a personal loan it's important to consider all of the costs involved. 

Below is an example of the total costs included over the term of a secured vehicle loan:

$15,000 personal loan

+ $250 approval fee

+ $36.51 third party charges (credit check, vehicle check and registering security over vehicle)


Set up over a term of 3 years (156 weeks) at 9.9%p.a. interest = weekly repayments of $112.74


What is Debt Consolidation?


Debt consolidation combines multiple loans into one. This means you only need to manage a single monthly repayment, often with a lower interest rate so you pay less in the long run. With no more paperwork, no more hassle, and no more worries, you'll be free to invest in a term deposit, increase your savings, or just kick back, relax, and live your best financial life.

The sooner you consolidate your debts, the sooner you could be saving money on interest and monthly repayments. If you’re looking for help, the team at Credit Union Baywide can help take the stress out of your debt by reducing your monthly repayments, or helping you to pay it off quicker.

At Credit Union Baywide we don’t just focus on how the numbers look on paper, we listen to your story to help you save. For more information about our debt consolidation options, contact us or speak with one of our friendly team on 0800 229 943.


Helpful Guides and Information


What is debt consolidation and how does it work?

What is debt consolidation, and how does it work?

Debt consolidation is a smart financial decision that sees you combining all of your existing loans into a single, easy-to-manage payment. It cuts down on the paperwork, slashes your interest rate and makes life easier. If you’re interested, read on to learn more about how the process works.



What are the benefits of debt consolidation?

What are the benefits of debt consolidation?

Whether it’s finance for a new cara holiday, or home renovations, debt adds up fast. Have you considered debt consolidation? Click through to find out more about the benefits including lower interest rates, more time to pay, and an easier time budgeting for you and your household.



What sorts of debts can I consolidate?

What sorts of debts can I consolidate?

Debt can cause unnecessary stress and leave you feeling as though you’re fighting a losing battle. But not all debt is created equal. Whether your debts are ‘secured’ or ‘unsecured’ plays a big role in determining whether or not you can roll them into the one, easy-to-manage repayment. Click through to find out more.



How does consolidating loans affect my credit?

How does consolidation affect my credit?

It’s a commonly held belief that debt consolidation will negatively impact your credit score. But is this actually true? Or is this nothing more than a financial myth? Read on as we explore the topic, and detail just how debt consolidation can actually help to improve your credit score.



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