* Cost of Loan: normal are small fees, so you should avoid paying high commissions.
* Interest on loan: interest on the loan usually will be lower than your credit card. If the interest is high does not interest you, because you could not make loan payments. Try to get fixed interest for the monthly fee does not vary.
* Loan Fees: The monthly fee should be less than the sum of everything you’re paying now separately.
* Effect in your history: Make sure you explain well what is before you sign the loan and avoid those entities that are not clear on this.

* In some cases, even pay less money per month and interest on the loan are lower, if you’re paying the loan over time at the end you will pay more money.
* If you have to put your house or any other possession as collateral to grant you the loan you risk losing them if you can not repay the loan.
* The lower interest rates mean that the lender is risking less money to lend, that is a good chance that you pay them, even staying with your home.
* Some nonprofit agencies that provide loans to consolidate debts can persuade you to let them manage your money.