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UMassFive has been approved to be a lender of the SBA's Payroll Protection Program (PPP) as a part of the recently passed 2020 CARES Act, and will be eligible to process PPP loans through the SBA's loan delivery system as soon as this system is made available to us. Please email our Commercial Services Division for additional information.

Debt Consolidation Loan


Debt free, on your terms.


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With flexible options for repayment, a Debt Consolidation Loan is the perfect solution to paying off other higher-interest debt, or anything else you may need some cash for. Check out our rates and payment examples below.

Term APR*

Payment Example**
Per $1,000 Borrowed

Payment Example**
Per $5,000 Borrowed

Payment Example**
Per $10,000 Borrowed

12 Months 7.99% $86.97 $434.84 $869.68
24 Months 8.99% $45.68 $228.36 $456.71
36 Months 9.99% $32.26 $161.28 $322.56


Say goodbye to your higher-interest debt today!


* APR is annual percentage rate.

**The rates and payments disclosed are based on a minimum credit score of 660. Granting this offer, after you respond to it, is conditioned upon your satisfying any applicable criteria bearing on your creditworthiness, including income, employment, and any other information you may provide on your application.

Maximum loan amount is $10,000. Minimum approval of $500 required. Offer does not apply to the refinancing or paying off of any UMassFive loan. Because this is a promotional rate, Co-op Points are not available to lower rate. This offer ends April 15, 2020