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Meaning of "consolidation loan" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF CONSOLIDATION LOAN

consolidation loan play
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GRAMMATICAL CATEGORY OF CONSOLIDATION LOAN

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Consolidation loan is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES CONSOLIDATION LOAN MEAN IN ENGLISH?

Debt consolidation

Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan. Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house. In this case, a mortgage is secured against the house. The collateralization of the loan allows a lower interest rate than without it, because by collateralizing, the asset owner agrees to allow the forced sale of the asset to pay back the loan. The risk to the lender is reduced so the interest rate offered is lower. Sometimes, debt consolidation companies can discount the amount of the loan. When the debtor is in danger of bankruptcy, the debt consolidator will buy the loan at a discount. A prudent debtor can shop around for consolidators who will pass along some of the savings. Consolidation can affect the ability of the debtor to discharge debts in bankruptcy, so the decision to consolidate must be weighed carefully.

Definition of consolidation loan in the English dictionary

The definition of consolidation loan in the dictionary is a single loan which is taken out to pay off several separate existing loans.

WORDS THAT BEGIN LIKE CONSOLIDATION LOAN

consolatrices
consolatrix
console
console game
console table
consolement
consoler
consolidate
consolidated balance sheet
consolidated deliveries
Consolidated Fund
consolidated laws
consolidated school district
consolidation
consolidative
consolidator
consoling
consolingly
consols
consolute

WORDS THAT END LIKE CONSOLIDATION LOAN

amortized mortgage loan
balloon loan
bank loan
bridging loan
call loan
demand loan
deposit loan
hard loan
home improvement loan
home loan
interlibrary loan
jumbo loan
loan
local loan
on loan
personal loan
savings and loan
soft loan
student loan
time loan
top-up loan

Synonyms and antonyms of consolidation loan in the English dictionary of synonyms

SYNONYMS

Translation of «consolidation loan» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF CONSOLIDATION LOAN

Find out the translation of consolidation loan to 25 languages with our English multilingual translator.
The translations of consolidation loan from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «consolidation loan» in English.

Translator English - Chinese

合并贷款
1,325 millions of speakers

Translator English - Spanish

préstamo de consolidación
570 millions of speakers

English

consolidation loan
510 millions of speakers

Translator English - Hindi

समेकन ऋण
380 millions of speakers
ar

Translator English - Arabic

قرض توطيد
280 millions of speakers

Translator English - Russian

займа консолидации
278 millions of speakers

Translator English - Portuguese

empréstimo de consolidação
270 millions of speakers

Translator English - Bengali

একত্রীকরণের ঋণ
260 millions of speakers

Translator English - French

prêt de consolidation
220 millions of speakers

Translator English - Malay

Pinjaman penyatuan
190 millions of speakers

Translator English - German

Konsolidierung Darlehen
180 millions of speakers

Translator English - Japanese

統合ローン
130 millions of speakers

Translator English - Korean

통합 대출
85 millions of speakers

Translator English - Javanese

Consolidation loan
85 millions of speakers
vi

Translator English - Vietnamese

cho vay hợp nhất
80 millions of speakers

Translator English - Tamil

ஒருங்கிணைப்பு கடன்
75 millions of speakers

Translator English - Marathi

एकत्रीकरण कर्ज
75 millions of speakers

Translator English - Turkish

Konsolidasyon kredisi
70 millions of speakers

Translator English - Italian

prestito di consolidamento
65 millions of speakers

Translator English - Polish

kredyt konsolidacyjny
50 millions of speakers

Translator English - Ukrainian

позики консолідації
40 millions of speakers

Translator English - Romanian

împrumut de consolidare
30 millions of speakers
el

Translator English - Greek

δάνειο σταθεροποίησης
15 millions of speakers
af

Translator English - Afrikaans

konsolidasie lening
14 millions of speakers
sv

Translator English - Swedish

konsolideringslån
10 millions of speakers
no

Translator English - Norwegian

konsolidering lån
5 millions of speakers

Trends of use of consolidation loan

TRENDS

TENDENCIES OF USE OF THE TERM «CONSOLIDATION LOAN»

The term «consolidation loan» is regularly used and occupies the 93.790 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
56
/100
The map shown above gives the frequency of use of the term «consolidation loan» in the different countries.
Principal search tendencies and common uses of consolidation loan
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «consolidation loan».

FREQUENCY OF USE OF THE TERM «CONSOLIDATION LOAN» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «consolidation loan» during the past 500 years. Its implementation is based on analysing how often the term «consolidation loan» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about consolidation loan

EXAMPLES

10 ENGLISH BOOKS RELATING TO «CONSOLIDATION LOAN»

Discover the use of consolidation loan in the following bibliographical selection. Books relating to consolidation loan and brief extracts from same to provide context of its use in English literature.
1
Student loan programs as federal costs of loan consolidation ...
Some consolidation loan borrowers had defaulted on a student loan prior to obtaining their consolidation loan and then subsequently defaulted on their consolidation loan as well. About one-fifth (19 percent) of consolidation loan borrowers ...
2
Debt Consolidation 1, Bad Credit Card Debt 0
The first payment on your Direct Consolidation Loan will be due within 60 days of the first disbursement, unless you are eligible for in- school consolidation or a deferment. (See the accompanying Borrower's Rights and Responsibilities for ...
W. Frederick Zimmerman, 2005
3
Student consolidation loans further analysis could lead to ...
This increase in consolidation loan volume and recent interest rate trends have increased the overall estimated long-term cost to the federal government of providing consolidation loans under the Department of Education's (Education) two ...
United States, Government Accountability Office, Congress, Committee on the Budget, House
4
Funding Education Beyond High School:The Guide to Federal ...
Your parents can also get a Direct or FFEL PLUS Consolidation Loan if they have obtained a PLUS Loan for you. PLUS Loans can only be consolidated once the loans have been fully disbursed. If you're in default* on a federal student loan, ...
United States
5
Code of Federal Regulations, Title 34, Education, PT. ...
(1) The borrower is unable to obtain a FFEL consolidation loan; (2) The borrower is unable to obtain a FFEL consolidation loan with income- sensitive repayment terms acceptable to the borrower; (3) The borrower wishes to use the Public ...
‎2009
6
The Code of Federal Regulations of the United States of America
(A) The borrower may not have an adverse credit history as defined in §685.200( b)(7)(ii); or (B) If the borrower has such an adverse credit history, the borrower shall obtain an endorser for the consolidation loan who does not have an adverse ...
Office of the Federal Register (U.S.), 1991
7
Benefit Of Debt Consolidation
For instance, if debt consolidation loan for unemployed has been taken against one's home, home is the collateral. Loan provider enjoys right or lien on house. He has the powers to demand liquidation of house to recover loan proceeds.
Charles M. Hawkins
8
Credit Card Debt Relief: Based On The Proven Principles and ...
Credit card debt consolidation loan is one of the ways of consolidating credit card debt. Besides, credit card debt consolidation loan, you can also go for balance transfer to another credit card. In fact, due to the publicity by credit card suppliers,  ...
Mary Braum
9
Escape Credit Card Debt Today
CREDIT. CARD. DEBT. CONSOLIDATION. LOAN. Credit card debt consolidation is regarded as the first step towards getting rid of credit card debt. Credit card debt consolidation loan is one of the ways of consolidating credit card debt.
Barbara Pacheco
10
L.S.A., List of C.F.R. Sections Affected
which the Direct Consolidation Loan is originated. (f) Origination of a consolidation loan. (1)(i) The holder of a loan that a borrower wishes to consolidate into a Direct Loan shall complete and return the Secretary's request for certification of the ...

10 NEWS ITEMS WHICH INCLUDE THE TERM «CONSOLIDATION LOAN»

Find out what the national and international press are talking about and how the term consolidation loan is used in the context of the following news items.
1
Careers That Can Get You Student Loan Forgiveness
... including Perkins and Federal Family Education (or Stafford) loans, into a Direct Consolidation Loan so they can be forgiven under PSLF. «NerdWallet, Jul 15»
2
Money Talk (Q&A): Loan consolidation, store credit cards, Social …
... indicates that those are private student loans, which wouldn't qualify for the relief programs or for a federal consolidation loan, for that matter. «OregonLive.com, Jul 15»
3
Loan or Balance Transfer? What's Best for Saving Money When …
A debt consolidation loan is a solution that some companies offer to people who need to put all of their debts together. The lender provides the ... «FinancialNews.co.uk, Jun 15»
4
3 Options to Consider if You Can't Afford Your Student Loan Payment
The repayment term ranges from 10 to 30 years, depending on the amount of your consolidation loan, your other education loan debt, and the ... «U.S. Department of Education, Jun 15»
5
How to Make Federal Student Loans Affordable
... the only income-driven repayment plan that allows for PLUS loans made to parents to eligible, if consolidated into a direct consolidation loan. «DailyFinance, Jun 15»
6
Moody's May Reduce Ratings on $34 Billion of Student-Loan Bonds
... percent and 30 percent for consolidation loan pools and between 40 percent and 50 percent for non-consolidation loan pools, Moody's said. «Bloomberg, Jun 15»
7
Industry-Leading Debt Consolidation Firms Honored by 10 Best Debt
Cost-effective settlements are secured as soon as possible by the company. From there, consumers can take advantage of a consolidation loan ... «PR Web, Jun 15»
8
Is Federal Loan Consolidation for You?
There is no cap on the interest of a Federal Direct Consolidation Loan. Federal Loans Eligible for Consolidation: Direct Subsidized Loans ... «Huffington Post, Jun 15»
9
Is purposely defaulting on your Student Loan debt the solution
Call for a free analysis of your Student Loan debt and see if you qualify for the government Direct Consolidation loan programs and which ... «Pulse, Jun 15»
10
Debt Consolidation USA Shares Tips For ATM Withdrawal
A debt consolidation loan can be secured or unsecured. ... Before accepting the debt consolidation loan, make sure that your new payment will ... «PR Web, Jun 15»

REFERENCE
« EDUCALINGO. Consolidation loan [online]. Available <https://educalingo.com/en/dic-en/consolidation-loan>. Feb 2020 ».
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