Debt Consolidation Loan


  • Minimum contribution towards Shares – $250.00
  • Direct salary Deduction
  • Member must be permanently employed
  • Standing Order (member should provide 6mths bank statement)
  • Settlement of 1 Credit Card
  • Settlement of existing loans with other Credit Unions or financial institutions
  • Consolidation of two or more loans with TATECO (POS) Credit Union
  • No other types of loans can be entertained within 12 mths

Maximum loan amount & repayment period

  • Maximum amount $100,000.00
  • Repayment as per amortization schedule

Debt service ratio


Interest rate

11% per annum on straight line