Cut Credit Card Interest Rates and Payments

Many people pay hundreds of dollars in interest each year – needlessly. By consolidating credit card balances, loans and lines of credit, you can pay down debt faster with one easy monthly payment – often at a lower interest rate. Two options are:

• Transfer balances to a low-rate SESLOC Visa.^® Transfers from a high-rate credit card to our low fixed-rate card can reduce the amount you pay in interest charges and fees.
• Take out a home equity loan. A home equity loan may offer a lower rate than a credit card and may allow you to deduct the interest you pay.*

At SESLOC, balance transfers are free. Use the form on our homepage in the "Tools" menu or stop by a branch. For more information, contact a SESLOC loan specialist. We can help you find the best solution for consolidating your credit card debt and loans.

* Your tax consultant is the best source of information about your particular situation.