Consolidating educational loans with personal debt
But both lenders typically approve borrowers with excellent credit scores and very high incomes.
»MORE: Other lenders for people who have good credit You can enter the amount you want to borrow on Upstart’s site and answer questions about your credit score, level of education and other details in order to see an estimated rate for a loan.
I contacted student loan guru Mark Kantrowitz at Fin Aid.org, who says just three lenders still offer consolidation: Chase, Student Loan Network, and Wells Fargo. You should also know that there are no fixed rates on consolidated private loans; your interest rate will probably be tied to a benchmark like the prime rate, so when that rises, so will the rate on your loan.
Finally, if you have a solid job and a solid credit score, think about looking into a personal loan at a bank or credit union.
Ask Suze a question or get another answer Please note: This is general information and is not intended to be legal advice.Unsecured personal loans are much more common in the Philippines, though secured loans are also available.When oyu take out a personal loan in the Philippines, you enter into an agreement with the lender (usually a bank) and promise to repay your loan over an agreed length of time (also known as the a loan tenure or aloan tenor).Discounts reduce the amount of interest you pay over the life of the loan.The automatic payment discount may not change your monthly payment amount depending on the type of loan you receive, but may reduce the number of payments or reduce the amount of your final payment.