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. 
I'm Ready to Apply

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

Estimate Your Monthly Payment

Enter the amount of debt you'd like to consolidate. 

Actual rate may vary based on term and credit qualifications.

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.