Debt Consolidation
Simplify your debt with an MHV debt consolidation loan. Combine multiple payments into one predictable payment with a clear payoff date.
One payment. One payoff date. Less interest.
Roll your higher-rate balances into a single fixed-rate loan and know exactly when you'll be done.
Pay less to borrow
No prepayment penalty
No application or origination fees
Get your funds fast
Why consolidate with MHV
Consolidate Debt
Erase credit card debt and save hundreds on interest charges.
Pay it off faster
No application fee. No origination fee. No prepayment penalty.
A real payoff date
Choose a term of up to 60 months, and your loan will be paid off on schedule.
Loans up to $35,000
Personal Loans from $300 to $25,000 and Jumbo Personal Loans up to $35,000.
An extra 0.25% off
Pay with an MHV Checking account to reduce your payments.
Getting a personal loan is quick and easy
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Calculate
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Get Your Funds
Compare our personal loan options
Personal Loan
7.49% APR*
Ideal for borrowing money for a one-time expense with no hidden fees. You’ll receive the full loan amount as a lump sum, with a fixed interest rate and a fixed monthly payment.
Line of Credit
12.99% APR**
Looking for a source of cash to use as you need it? A Line of Credit gives you the ability to access funds only as you need them — for emergencies, overdraft protection, or small projects — all with no hidden fees.
HELOC
Prime-.25%*
If you have equity in your home, you may be able to leverage it to consolidate your debt. You only pay interest on what you draw.
Estimate your monthly payment
Getting a personal loan is quick & easy
Make MHV your everyday bank.
Your personal loan makes you a member. Bring your everyday banking home with free Checking, and put a low-rate MHV Visa to work for the way you spend.
Lower Loan Rates
Member rates beat most banks on auto, home, and personal loans.
Higher Savings Yields
Share Certificates with higher rates — earn more on your money.
Free Financial Coaching
One-on-one guidance to reach your financial goals.
Local Decisions
Approvals made by people who live in your community.
Commonly Asked Questions
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.
*Rates as of September 2026 and subject to change without notice. APR means Annual Percentage Rate. Personal loans from $300 to $25,000 are available to eligible members in good standing, subject to credit approval. Advertised “as low as” APRs are available to qualified applicants; your actual APR may be higher based on your creditworthiness. The advertised APR includes a 0.25% discount for automatic payments from an MHV savings or checking account. At 7.49% APR, a 47-month loan would have an estimated monthly payment of $24.62 per $1,000 financed. Jumbo personal loans are available up to $35,000; rates and terms may differ. This offer does not apply to refinancing an existing MHV personal loan. Federally insured by NCUA.