You're paying and paying without feeling
like it could ever be paid off.


You are financially responsible. You're making your payments on time and yet...the balances just aren't going away.

Throw in multiple payments each month. Overwhelming interest rates. Economic uncertainty. Some days you wonder if you can get by.

You can regain control of your finances

Imagine waking up tomorrow feeling like you made a very smart move. The exact move you need to make to feel like you're in control of your money. The move that's going to put all of your debt in one place, with a single payment, and a lower rate.

You're imagining a Debt Consolidation Loan.
 

Slash Your Rate

Your credit card rate is probably rubbing elbows with 20%. Lowering that number means you're putting more money towards paying down the balance.
 

Get a Single Payment

What payment is due when? How much? The question game is over. Get yourself to a single payment each month for easier money management.

Circle Your DONE! Date

Unlike your credit cards, Debt Consolidation loans have a payoff date. Circle that date. Cause when you get there you are DONE with the debt.

Pick the Right Term

Your debt consolidation loan includes flexible terms from 12 to 60 months. Pick a term that gives you a monthly payment you can work with.

Nudge Your Score

Consolidating pays off your credit cards, and that lowers your credit usage. Lower usage can bump your score up.

Jumpstart Your Dreams

Getting your debt under control means you can focus on savings. Buying a house, taking a vacation, paying for college. Get those dreams off the back burner.

"I am so relieved. I finally feel like I have a financial future."

Consolidate Your Debt in 4 Simple Steps

1

Get Your Info Together

Determine what debt you're including. If you're consolidating credit cards, you'll need to provide your credit card account numbers and current balances.

2

Apply Online

Applying for the loan is fast, easy and online. Request the amount needed to pay off your cards. Apply for as little as $500 or as much as $25,000.
 

3

Get Your Check(s)

After you're approved, you'll receive checks to pay off your cards.
 

4

Stop Swiping

You're human. You'll be tempted to use your card or apply for new ones...but you just got things under control.
 

"I didn't know a credit union could help me!"

Let's be sure we can. Here's how you can qualify for an MHV Debt Consolidation Loan.

blue check mark  Your credit card interest rate is overwhelming, but you're not behind on any payments yet.
blue check mark  Your credit score is holding steady somewhere above 640.
blue check mark  You're not trying to lower or consolidate a student loan.

*APR = Annual Percentage Rate. Rate available to member in good standing, based on credit qualifications, approved starting November 4, 2022  for loans from $500 and to $25,000. Rate reflects .25% discount for automatic payments from your MHV savings or checking account. As an example, a 36-month term with a fixed rate of 8.49% APR would result in an estimated payment of $31.56 for each $1,000 financed. Subject to change or terminate at the discretion of MHV. Federally Insured by NCUA.