More Borrowers Turn to Consolidation as Personal Loan Debt Hits a Record High

Even with a more reasonable APR, stretching the debt consolidation loan into a longer repayment term could cost more. A $10,000 debt consolidation loan with a 15% APR and a six-year term would have a ...

More Borrowers Turn to Consolidation as Personal Loan Debt Hits a Record High

Even with a more reasonable APR, stretching the debt consolidation loan into a longer repayment term could cost more. A $10,000 debt consolidation loan with a 15% APR and a six-year term would have a ...

This story was originally published by U.S. News Money. Use the link below to read the full article at the source.

Share

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0