Debt can feel overwhelming.
Mary Ann was struggling under the weight of high-interest debt, juggling multiple payments each month and feeling like there was no end in sight. The stress was piling up, and she worried she’d have to sacrifice precious time with her grandkids just to pick up a second job.
She’s certainly not alone. Many Americans today are facing the burden of high-interest debt—whether it’s from credit cards, medical bills, student loans, or personal loans. In fact, recent studies show that over 60% of Americans carry credit card debt, and many others are struggling to keep up with balances across different types of borrowing.
Luckily, Mary Ann knew exactly where to turn. She’d been banking with Richwood for years and trusted us to help. She came to lender Austin Bernath, who took the time to listen and talk through her options. Together, they found a way for Mary Ann to pay off her other debts and consolidate her payments into a single, manageable loan with Richwood Bank.
For many people like Mary Ann, using the equity in your home can be a smart option—whether through a home equity loan or a second mortgage. These solutions can help pay off higher-interest debts, potentially lowering your monthly payments and reducing financial stress.
“I never thought of going anywhere else,” Mary Ann shared. “I literally started with Richwood because I loved the service I’d received so far. It isn’t a faceless entity—it’s a community bank. I felt comfortable.”
And the results have been life-changing.
“Because I’m able to pay all my bills and still save—and still have extra—I’m spending more time with my grandkids doing experiences instead of just buying gifts or hanging around the house. We get to go to the zoo. Or my one grandson loves books, so we’ll go to the bookstore and then have lunch.”
At Richwood Bank, we believe financial freedom should mean more than just getting out of debt—it should give you back your time, your peace of mind, and the freedom to enjoy life’s special moments.
If you’re feeling weighed down by debt, remember: you have options. Stop by or give us a call. Our team is here to help you explore solutions.
