By the law you are not required to provide consolidation rates to the public unless requested which is why many places require you to submit for a quote.
There are several places one can compare consolidation loan rates. These websites include Bank Rate, Loan Consolidation, Lending Club, FinAid, and Lending Tree.
Interest rates for debt consolidation loans can vary dramatically based on your credit. If you can get a home equity loan they usually have much lower interest rates. For a debt consolidation loan expect to pay around 10-12% interest.
Loan consolidation rates are lower than what they were in 2010. This is a general rule however, and it will depend on your current credit rating and employment.
Online loan calculators such as FinAid can be used to compare loan consolidation interest rates. You can also visit bank websites and compare manually.
A Direct Consolidation Loan has a fixed interest rate for the life of the loan. The fixed rate is based on the weighted average of the interest rates on the loans being consolidated, rounded up to the nearest one-eighth of 1% and cannot exceed 8.25%.
Rates for student consolidation loans can really vary depending on the funding institution you are using for the loan. Rates are also based on your credit score. So make sure you credit is descent if you want lower rates.
There are a lot of banks that offer good interest rates on debt consolidation loans. The best one to choose is Regions.
The best low rates for consolidation loans depends on the location of the users home. Some banks are not national. So interested parties should do research to find out who offers the best rates for loans in there area.
Bill consolidation helps you to get out of debt. It helps to lower different interest rates on credit cards and other expenses.
A consumer credit consolidation counselor is usually a nonprofit counselor for debt consolidation. Those who are paid typically charge astronomical rates to the consumer.
As of July 2010, you can get a student consolidation loan through the federal government. The interest rate can range from 6.62%-8.25%. 8.25% is cap for any student loan consolidation.
Some of the best places to find good consolidation loan rates are Load Approval Direct, Next Student, and DebtConsolidation's website. The rates will vary depending on each individual student.