Free Ads post on forums Consolidation loans have longer terms than other loans. Debtors may terms of 10-30 years. Although the monthly repayments are lower, the total amount paid over the term of the loan is higher than would be paid with other loans. The fixed rate is calculated from the weighted average interest rates of the loans are consolidated, assigning relative weights to the amounts borrowed, rounded to the nearest 0125%, and a ceiling of 8.25%. Some features of the original Consolidated loans, such as Postgraduation grace periods and forgiveness special circumstances that do not have in the consolidation loans, loan consolidation and are not universally suitable for all debtors. Place your free calssifieds at S Finances Classifieds today