Refinance More Than A Mortgage

MoneyTips

While the term ‘refinance’ is most often used with mortgages, it can apply to any type of loan. Many borrowers have taken advantage of low interest rates to refinance their home loans, but some have also refinanced their auto loans, student loans, and even credit card debt via a home consolidation loan. For some, even renters, taking advantage of refinancing can be the key to getting out of crushing financial debt.