If you make a payment at lender’s lower fixed rate, and more of your payment is applied to the principal loan amount, less to interest, so you can pay off your debt with loan consolidation more quickly and save more money, too. You can pay down your debt, save money and budget more effectively.
With a low fixed-rate of debt loan consolidation from lender, you can break free from costly high interest as you pay off your debt or debts. At lender’s lower fixed rate, you can lower your monthly payment and extend your repayment schedule to free up cash to meet your consolidating needs. And, because your low rate will never vary, you can budget around a fixed monthly payment.