Refinancing is the process of replacing an existing mortgage with a new loan.
More about student loan refinance
Refinance means "take out a new loan to repay the existing loan".
Refinancing is replacing old loans with new loans and continue to pay off debts.
This guide to the best debt consolidation loans explains the borrowing process and how to pick the right personal loan for your needs.
Find a home loan to meet almost any need
Let’s look at the typical steps you’ll take to refinance a personal loan.
