I received a letter stating that I could consolidate my credit card debt at a rate of as low as 4.9 percent, and that I had been pre-approved. When I went to the site and got an estimate on a 48 month loan, the interest rate was 12.9 percent. On a 60 month loan, the interest rate as 9.9 percent. The interest rate listed on the letter was obviously only a ploy to get people to go their site.
Reviewed on: 20th January 2018