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APR's through debt consolidation?

Date: Wed, 12/02/2009 - 16:24

Submitted by anonymous
on Wed, 12/02/2009 - 16:24

Posts: 202330 Credits: [Donate]

Total Replies: 1


Typically, how low of APR's can debt consolidation companies get for you?
Karen


The average is typically 8-10% spread out over all accounts submitted in to the DMP.
There are better interest rate concessions from some creditors and as high as 11% from others.

There are perhaps better concessions in the pipeline due to the economy and banking malaise.

Best thing to do is have a free consultation with a DMP provider and find out what they can deliver on interest rate reduction.

Mileage may vary


lrhall41

Submitted by on Wed, 12/02/2009 - 17:30

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