Go Back   The Finance Forums > Finance forums > Personal Loans

Personal Loans Discuss personal loans, secured and unsecured, and general borrowing.

Thread Tools
Old 01-03-2018, 07:12 AM
jennys jennys is offline
Junior Member
Join Date: Aug 2017
Location: New York, United States
Posts: 19
Smile What is Debt Consolidation Loans ?

Hello guys will you please explain it.
Reply With Quote

Old Sponsors
Old 01-04-2018, 06:16 AM
jkb jkb is offline
Junior Member
Join Date: Dec 2017
Location: Mumbai, India
Posts: 2
Default Re: What is Debt Consolidation Loans ?

Debt consolidation means combining multiple debts/loans into a new loan (Debt consolidation loan) with a favorable terms such as lower interest rate, tenure, etc. Basically Debt consolidation loan is used to pay off other debts.
Reply With Quote

Old 01-09-2018, 02:53 AM
divi divi is offline
Senior Member
Join Date: May 2017
Posts: 131
Default Re: What is Debt Consolidation Loans ?

Debt Consolidation loan means a new loan will be provided to clear your previous debts. But the interest rates depend on the bank you are planning to go for. http://www.mymoneysouq.com/loans/deb...on-loan-in-uae Read this you will understand better and you can compare interest rates
Reply With Quote


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

» Boards

All times are GMT -4. The time now is 11:54 AM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.