What is refinancing a car loan?

Answer During an auto refinance, car owners apply for a new loan with another lender. The new lender then pays off the existing balance on the loan and drafts a new loan for the balance still due on the c... Read More »

Top Q&A For: What is refinancing a car loan

What is refinancing a loan?

Debt financing provides money for everyday expenses and big-ticket items. Loan refinancing is an integral component of debt management. Identify the characteristics of refinancing before coordinati... Read More »

What is refinancing a home loan?

When paying monthly mortgage payments places a financial strain on individuals and their families or if homeowners wish to take advantage of lower interest rates, refinancing a home loan may be the... Read More »

What are the benefits of a va loan when refinancing?

A Veterans Administration (VA) loan is a type of mortgage available to active military and veterans. A VA refinance allows a veteran to refinance his VA loan to lower the interest rate, change the ... Read More »

What is the difference between modifying and refinancing a home loan?

If you're looking to make your mortgage payments more affordable, two options are a loan refinance or a loan modification. Both allow homeowners to renegotiate their mortgage terms in different way... Read More »