The well-known investment bank Goldman Sachs will offer consolidation loans to consumers wanting to settle their outstanding debt on high-interest credit cards. Via their online platform, Marcus, the bank will offer individuals financial aid up to the sum of $30,000 to be paid back over a maximum of six years. With no fees and a fixed rate, this could be the ideal opportunity for people wanting to consolidate debts.
As published on Goldman Sachs' Marcus website, annual percentage rates (APRs) of between 5.99 and 22.99 percent are offered. These may undercut the high interest of credit cards and offer people a more affordable way to manage and pay back outstanding balances. Marcus has sent out codes to millions of customers who might benefit from the service, which is not yet available to th...
from MoneyTips http://www.moneytips.com/goldman-sachs-launches-unsecured-consolidation-loans/227
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