Consolidating educational loans with personal debt
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life.We sometimes earn a sales commission or advertising fee when recommending various products and services to you.But to know for sure which debt consolidation loans offer the best deals, you’ll need to collect rate estimates.
A shorter loan term will help you get out of debt faster and could save you interest.
It’s also important to keep a close eye on all costs to ensure you don’t end up with a debt consolidation loan that’s even more expensive than the debt it replaced.
Checking advertised rates is a smart way to get an idea of the rate a lender will charge you.
Here are a few questions to consider as you review various debt consolidation loans to find the right one for you.
Lenders have different rules for the amounts you can borrow to consolidate debt.