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consolidation loan

   Also found in: Financial, Wikipedia 0.04 sec.
consolidation loan
n
(Economics, Accounting & Finance / Banking & Finance) a single loan which is taken out to pay off several separate existing loans


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Close to 100 exhibitors reviewed their consolidation loan programs and other financial aid products with approximately 3,100 attendees.
html), in order to restore your eligibility, you can repay the loan in full, make six agreed-upon payments over a six-month period, or consolidate your loan through a federal consolidation loan program.
Consider taking out a consolidation loan, or, if you're a homeowner, a home-equity loan, to pay off your debts.
 
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