What rate for a loan consolidation today?

The purchase of loan (or pool of loans) allows you to simplify the management of your budget by operating a pool of loans . You get a single loan that is easier to repay.

Consolidation of loan (or pool of loans): a fixed and single rate

The rate obtained for the consolidation of loan (or regrouping of loans) is fixed and unique. You combine loans with disparate rates into one loan. So you get a single loan with a single rate and a single monthly payment . The purchase of loan makes the management of your budget easier and without surprises.

The consolidation of loan (or regrouping of loans) allows you in certain cases to obtain a lower rate . You can get a better rate for old mortgages contracted when the rates were higher. You can include auto loans, consumer loans or revolving loans, which generally have higher rates.

How to get the best loan consolidation rate (or pool of loans)?

The rate of loan consolidation (or pooling of loans) depends on your goals. You have two strategies:

  • Reduce your monthly payments to reduce your debt ratio and gain flexibility in your budget. With this option, the total cost of loan and the repayment term will be greater.
  • Limit the duration of borrowing to repay your loans faster with high monthly payments. With this option, the total cost of loan is controlled.

The loan surrender rate (or pooling of loans) will depend on the chosen option . The decrease in the amount of the monthly payments leads to the lengthening of the repayment period and increases the total cost of the loan. The reduction in the rate depends on the remaining term of the loans bought back.

Make a loan consolidation simulation

Make a loan consolidation simulation

Beyond the gross number, the best loan consolidation rate (or pool of loans) is the one that will allow you to assume your loans with confidence , with monthly payments tailored to your monthly budget and a reasonable overall cost.

Conduct a free and uncommitted loan consolidation (or pooling) study via our online simulator. Our advisors will then offer you a loan with a rate and monthly payments adapted to your projects.