Personal » Borrowing » Financial Education » Loans

Determine if Debt Consolidation is Right for You

A Bill Consolidation Loan from Dollar Bank Can Help

If you are feeling overwhelmed by your bills, you’re not alone. Many people find themselves seeking a solution to a fairly common problem - too many bill payments and too little left over for day-to-day expenses.

There is an easy way for you to reduce your monthly bill payments. Look into a bill consolidation loan from Dollar Bank. When you take out one loan to pay off your bills, you may wind up with a substantially lower monthly payment. Just imagine what you could do with the savings!

How Much Can You Save?

Depending upon your financial situation, you may be able to save hundreds of dollars by consolidating your bills. 

Of course, when you consolidate your bills you may be extending your repayment period on certain debts. You’ll want to think about what is more important to you - paying off your bills quickly or reducing your monthly payments. You can use the worksheet below to help you determine how much you can save.

 

Current Credit Balance Owed Typical Monthly Payment
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $
Total $ $

Monthly payments on a bill consolidation loan:
__________________________________ at________% APR $___________
Your monthly savings.....................................................................................$___________

(A Dollar Bank representative will be happy to assist you with these calculations.)

Pick the Loan that Suits Your Needs

When you’re consolidating your bills, pick the loan that’s right for you. Whether it’s a Personal or Home Equity Loan, we’ll help you to come out ahead. And, qualifying Home Equity Loan interest may be tax deductible (consult your tax advisor).

 

Need Help?

Need Help?

Contact Us Today:
1-800-242-2265
Dollar Bank representatives are available Monday - Friday from 8:00 AM to 8:00 PM and Saturday from 9:00 AM to 3:00 PM.

E-mail Us »

This link redirects you to a website that Dollar Bank does not maintain. To proceed to this website, click the Continue button. To stop and return to the previous page, click the Cancel button.

CONTINUE CANCEL
The launch of our new website is in progress. The following webpages will transition to the new format in the near future. Click Continue below to be directed to Dollar Bank's secure online application.

CONTINUE CANCEL
Click Continue below to be directed to Dollar Bank's secure Online Banking system.

CONTINUE CANCEL
The launch of our new website is in progress. The following webpages will transition to the new format in the near future.

CONTINUE CANCEL