Debt consolidation loans help simplify your finances by combining several payments into one easy monthly payment. You may even save on interest charges and pay off your debt sooner.

Debt consolidation can be accomplished several different ways:

• Home equity loan or line of credit
• Personal or secured loan
• Refinancing your mortgage
• Balance transfers to your Congressional Visa credit card. Call (800) 654-7728 for 24 hour service.

The total amount of your debt, your current interest rate and repayment terms, and whether or not you are a home owner may impact which type of loan best suits your need. For assistance determining which loan or combination of loans will benefit you, contact our Financial Counselor.