Consolidation Loans

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Loan product
gptkbp:affects Credit score
gptkbp:alternativeTo Debt management plan
gptkbp:benefit Potentially lower interest rate
Simplified payments
https://www.w3.org/2000/01/rdf-schema#label Consolidation Loans
gptkbp:mainInterest Fixed rate
Variable rate
gptkbp:mayInclude Personal loans
Credit card debt
Medical bills
Student loans
gptkbp:offeredBy gptkb:Banks
gptkb:Credit_unions
Online lenders
gptkbp:purpose Debt consolidation
gptkbp:repaymentType Fixed monthly payment
gptkbp:requires Credit check
gptkbp:riskFactor Longer repayment term
Possible higher total interest
gptkbp:targetAudience Individuals with multiple debts
gptkbp:bfsParent gptkb:Office_of_Federal_Student_Aid
gptkbp:bfsLayer 5