Pay Off Your Debt Faster

Consolidate your loans and credit card debt into one easy payment for rates as low as prime + 1%*

*Members must opt-in to credit life and disability insurance to qualify for offer. On approved credit only; rates may vary based on applicant’s debt service ratio and credit score. Minimum of 50% must be secured by collateral. New funds only; not eligible for existing loans with SPARK. Offer eligible for applications received between February 1, 2019 to April 30, 2019.

Get Quote Today

Why consolidate?

You have outstanding credit card balances

Keeping balances on your credit card can cost you up to 29% per year! Getting a consolidation loan will save you money on interest costs.

You have several loan payments

Consolidating your loans will give you one easy payment, at one simple rate.

You want to increase how much money you have left over after each paycheque

Free up more of your money so you can spend on things that matter, or better yet, save!

You want to pay debt off faster

Consolidating your debt can help you get off the debt treadmill

Who is SPARK The Energy Credit Union?

SPARK The Energy Credit Union is the only financial institution devoted specifically to serving the people of Alberta’s energy industry. We have a long history of providing members the service and products they need to thrive in good times and to be resilient in challenging times.

Head office

  • 117-400 4 Ave SW, Calgary AB T2P 0J4

Customer Service Center | 877 582-6222

How It Works?

1. Tell us a little something about yourself

Let us know who you are, how much you’re looking to consolidate, and how we can reach you!

2. We will call you to give you a quote

You will hear from us within 1 business day so that we can give you an idea of how much you can expect to pay monthly, based on the initial information you provided.

3. We will check your eligibility

We will conduct initial screening to ensure that you meet our credit criteria

4. We confirm you’re eligible

We will advise you if you meet our credit criteria and move on to the next stage, which is the formal loan application.

5. Apply for the loan

Based on your preference, we will complete a loan application with you either on the phone, online, or in person (if you’re in Calgary) and will collect additional documentation. At this point, we will know if you are approved or not. If approved, we will move to document signing and finalizing the consolidation loan!

SPARKCU Company Profile

If you are looking for a financial institution that will be there for you in good times and in bad, look no further than SPARKCU. As Alberta’s only energy-industry focused financial institution, we:

  • Use our financial savvy to equip members with the financial tools and knowledge to help them become more financially secure
  • Make it our business to understand what makes you unique, so that we can authentically serve your needs
  • Use our local advantage to our members’ advantage – we get you because your reality is our reality, too.
Join SPARKCU now

Why bank at SPARK?

Free Banking

We offer a no-fee chequing account for your day-to-day banking needs.

Amazing Rates

We offer great rates on term deposits, loans, and mortgages.

Member Ownership

We answer to you, and this means you get a say in SPARK’s direction.

100% Guarantee

Deposits are 100% guaranteed by the Credit Union Deposit Corporation.

Our Satisfied Customers

“It is banking with values that are aligned with my personal values.”

Theresa Acchione

“I have a growing family and my banking needs have changed over time.  The credit union works with me to make sure that I have access to the right banking services to meet my needs.”

Tim Rose

“A sense of community feeling in the energy industry thanks to our inclusive staff and volunteers.”

Talib Daredia

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117 400 4 Ave SW Calgary AB T2P 0J4