Consolidating student loans low interest rates
02-Nov-2019 12:01
The average interest rate for debt consolidation loans can vary significantly depending on your credit profile.Debt consolidation loans, on average, carry a higher interest rate than other types of debt.This is especially helpful if you're juggling multiple due dates or interest rates on separate credit cards.
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This can result in borrowers ending up even deeper in debt.The average annual percentage rate (APR) on a debt consolidation loan is around 18.56%.
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