With debt consolidation loans you only have one monthly payment.
By agreeing to these terms, you are also authorizing First National Bank of Omaha to verify your employment, income and other relevant information.
Debt consolidation loans are loans where you use the proceeds to repay other debts.
Debt consolidation loans come from banks, credit unions, finance companies, or private lenders.
The NEA Personal Loan cannot be used to pay postsecondary educational expenses or tuition or to consolidate postsecondary educational loans. Your Fixed APR will be established when we discuss your specific request with you and will be in the range of 7.99% Fixed APR to 15.99% Fixed APR, depending on your creditworthiness.
When you enroll in Auto Pay, a rate as low as 7.74% Fixed APR may be available, depending on your creditworthiness. Your repayment terms will depend on your APR and loan term for which you qualify.
The first reason would be to combine many monthly payments into one monthly payments.