Review Of Debt Consolidation Rates 2023. You can’t use a discover debt consolidation loan to consolidate debt from a mortgage, auto loan, or a discover credit card. Web debt consolidation loan interest rates range from about 6% to 36%.
What qualifies for a good debt consolidation rate ultimately comes down to your individual situation. According to the federal reserve, the average credit card interest rate in may 2023 was 20.68%. Web interest rates on mainstream debt consolidation loans typically range from 6% to 36%.
