Save By Consolidating Credit Card Debt

Here’s How One Member Saved Hundreds Each Month by Consolidating Credit Card Debt

At Natco, our mission is to help people live better lives — and sometimes that starts with consolidating overwhelmingly high-interest credit card debt. Recently, we worked with a member who was juggling several credit cards with balances that would have taken decades to pay off if they continued making only the minimum payments.

Before coming to us, they were paying $918 each month toward their credit card minimums. Even with that high monthly amount, the balances were barely shrinking because of interest.

After reviewing their situation, we were able to consolidate all their credit card balances into one loan with a new monthly payment of $667 for five years.
That means our member saves:

– $251 every month
– Countless years of payments
– AND thousands of dollars in interest

But the real impact becomes clear when you look at how long their credit cards would have taken to pay off on minimum payments alone:

• Credit Card #1
  Balance: $11,394.62
  Minimum-payment timeline: 22 years
  Total amount paid: $28,992

• Credit Card #2
  Balance: $3,711.14
  Minimum-payment timeline: 16 years
  Total amount paid: $11,502
• Credit Card #3
  Balance: $4,931.17
  Minimum-payment timeline: 18 years
  Total amount paid: $14,474

• Credit Card #4
  Balance: $10,637.74
  Minimum-payment timeline: 23 years
  Total amount paid: $32,136

This member would have spent nearly a lifetime making minimum payments — and paying far more in interest than they originally borrowed.

By consolidating her credit cards into a single loan:

• They have one manageable monthly payment, instead of multiple due dates.
• The monthly payment is lower than before — saving them $251 each month.
• They will be debt-free in five years, instead of two decades or more.

This is exactly the kind of impact we strive to make for our members. When you’re overwhelmed by high-interest credit cards, you don’t have to navigate it alone. Sometimes, a single smart step can change everything.

If you’re feeling stuck, we’re here to help.

Let’s work together to find a solution that helps you save money, reduce stress, and move forward with confidence.