Balance less. Smile more.

Enjoy MHV Personal Loans as low as 7.49% APR1.
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Simplify Your Finances

One loan. One monthly bill. One low rate.

When money management is simpler, life feels sweeter. Consolidate your high-rate balances with an MHV Personal Loan, and bank on:

  • Lower payments now
  • Less interest over time
  • Local support you trust

It’s the kind of move that gets even better as you go.

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  $10,000 New MHV Personal Loan $10,000 Average Credit Card Balance
Payment $2452/Month Minimum Monthly Payment
Rate 7.49% APR1 21.00% APR2
Term 47 Months 348 Months or 29 Years2
Interest $1,569.362 $16,874.672

For example purpose only; your results may vary.
1See below for details. 2Average credit card rate as of November 2025 from the Federal Reserve Bank of St. Louis (https://fred.stlouisfed.org/series/TERMCBCCALLNS). Term and interest based on minimum monthly payments of interest + 1% of balance using Forbes Credit Card Minimum Payment Calculator. (https://www.forbes.com/advisor/credit-cards/credit-card-minimum-payment-calculator/)

Save up to $15,305 with an MHV Personal loan. 

Why Apply for an MHV Personal Loan?

  • Dollar Bills with Arrows

    Flexible Loan Amounts

    With loans from $300 to $25,000, it’s easier to bring everything together.
  • Rate sign in lock

    Fixed Rate and Term

    Rates range from 7.490% to 15.25% APR with terms up to 60 months, so you know what to expect.
  • No pre-payment penalty icon

    No Prepayment Penalty

    Pay ahead or wrap up your debt consolidation loan early—no fees, no fine print. 
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How it Works

  1. 1

    Apply Online

    The process is simple. Just fill out our secure online application.
  2. 2

    Get Approved

    Receive a quick decision and competitive loan rates.
  3. 3

    Consolidate Your Debt

    Use the funds from your loan to pay off existing debt — immediately simplifying your finances.
  4. 4

    Enjoy One Single Payment

    Say goodbye to multiple bills and hello to peace of mind with just one monthly payment.
Woman holding a mobile phone

I'm Ready to Apply

Commonly Asked Questions About Debt Consolidation

  • Debt consolidation is the process of combining multiple debts into a single loan, ideally with a lower interest rate and a more manageable payment plan.
  • Don’t wait until your debt becomes unmanageable. Consolidating early helps reduce your financial stress and may save you money in the long run.
  • If you’re struggling to keep up with multiple debts or high-interest payments, consolidating your debt can make your life easier and less stressful.
  • Once you pay down you debt, you can close your credit accounts or leave them open. It's important to avoid using them again to prevent accumulating additional debt.

 1APR = Annual Percentage Rate. Rate available to member in good standing, based on credit qualifications, approved starting January 1, 2026, for loans from $300 to $25,000. Rate reflects .25% discount for automatic payments from your MHV savings or checking account. As an example, a 47-month term with a fixed rate of 7.49% APR would result in an estimated payment of $24.57 for each $1,000 financed. Subject to change or termination at the discretion of MHV. Internal MHV Personal Loan refinances are not applicable with this promotional rate.