Debt Consolidation 101

Debt Consolidation 101: Clean Up Your Finances Before Fall

Summer’s in full swing — but if your finances are feeling more meltdown than vacation mode, it might be time to clean things up before back-to-school and holiday season sneak up on you. One smart way to do just that? Debt consolidation.

Not sure what that means or if it’s right for you? Don’t sweat it — we’ve got the simple breakdown below, no finance degree required.

So, What Is Debt Consolidation?

Debt consolidation is the process of combining multiple debts — like credit cards, medical bills, or personal loans — into one single loan with one monthly payment. Ideally, it comes with a lower interest rate, which saves you money over time and helps you pay off your debt faster.

Think of it as the financial version of tidying up your junk drawer: less clutter, more control.

Why It Works (and Why People Love It)

Here’s why debt consolidation is a crowd favorite:

  • One Payment to Rule Them All
    No more juggling due dates or minimum payments on five different accounts.

  • Lower Interest = Big Savings
    If your new loan has a lower rate than your credit cards, you’ll pay less over time.

  • Faster Payoff
    More of your money goes toward the balance — not just the interest — so you can get out of debt sooner.

  • Less Stress
    Seriously, peace of mind is a real benefit. And it pairs perfectly with a summer margarita.

How It Helps Ease Summer Stress

Vacations, back-to-school supplies, and rising costs at every turn — it’s a lot. If you’re feeling the pressure, consolidating your debt can free up cash flow and help you feel more in control heading into fall.

With a summer loan from FWCCU, you can:

  • Tackle high-interest credit card debt

  • Simplify your finances before the busy fall season

  • Save money on interest while enjoying fixed, predictable payments

FWCCU Makes It Easy

We’re not here to judge your budget — we’re here to help you clean it up. At Fort Worth City Credit Union, we offer low-rate personal loans perfect for debt consolidation, and we’ll walk you through the process step by step.

No fluff. No pressure. Just local lenders who care about your goals (and your sanity).

Ready to clean up your debt before the school supplies hit the shelves?

Let’s get your finances back on track, and give you one less thing to worry about this fall.


Apply now or learn more at fwccu.org/personal-loans

Fort Worth City Credit Union