Lenders of debt consolidation loans may charge an upfront origination fee as high as 12% of the loan amount, which is deducted from the loan disbursement.

Authors

• Person: Ben Luthi Organization: Experian
  Bankruptcy vs. Debt Consolidation: Which Is Better for You? - Experian

Sources

• Bankruptcy vs. Debt Consolidation: Which Is Better for You? - Experian www.experian.com Ben Luthi · Experian via serper

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