If you have a number of debts, you may wish to merge them all into one loan. There may be a number of reasons why you would wish to do this.
Take note that interest starts accumulating upon graduation. In a manner of speaking, you can consolidate private student loans held with a bank.
The easiest way to manage your debt is by consolidating high interest balances into a low-interest loan or line of credit – which reduces interest payments and the number of bills you have to pay every month.
By consolidating all of your debts into a personal loan you can spread out your payments over a term of 5 years with fixed payment amounts.
Do you have too many bills and other loan payments, and is it getting a bit hard to keep track of? Reduce your monthly expenses and save money by consolidating your high interest rate credit cards and loans into one simple monthly payment.
Consolidation Loan features include: *Rates shown are lowest possible and may not apply to every borrower, dependent on credit qualifications. Maximum loan is ,500 and maximum term is 12 months.