Borrowing more money to pay old debt is referred to in finance” Refinance . The common acts that many people turn to includes Peer Share,one of the revolving capital loan,paying for credit cards debt or get cash from credit card to pay for shares.This is only a short-term liquidity solution. In this case interests difference and payment due date of capital and interest no longer important. This is not a right mind set for a long run financial health.It is found many case…
Refinance tips
Tagged With: home equity, home equity loan, home equity loan line of credit, home loan