Asked by WouldRatherRead
Which borrower option is an example of refinancing?
[] Replacing an old student loan with a new student loan that has a lower interest rate
[] Paying the outstanding interest on an open-ended loan
[] Changing payment terms on a mortgage from five years to 10 years
[] Agreeing to a higher interest rate on a personal loan in exchange for lower fees
[] Raising the monthly payment amount on a student loan
[] Replacing an old student loan with a new student loan that has a lower interest rate
[] Paying the outstanding interest on an open-ended loan
[] Changing payment terms on a mortgage from five years to 10 years
[] Agreeing to a higher interest rate on a personal loan in exchange for lower fees
[] Raising the monthly payment amount on a student loan
Answers
There are no human answers yet.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.