Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the interest rate determined on a Consolidation Loan?

0
Posted

How is the interest rate determined on a Consolidation Loan?

0

The interest rate on consolidation loans is the weighted average of the loans being consolidated rounded up to the nearest 1/8 of 1% or 8.25%, whichever is less.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123