Definition
Acquiring a new (usually larger) loan that retires an older (usually smaller) loan over a longer-term, using the same asset(s) as collateral.
Articles related to 'refinancing'
Business Tips
Credit Cards and Credit Scores
If your credit card balances go unpaid, your credit score will start to diminish. The next time one of your insurance policies is up for renewal, you may get hit with an unexpected rate increase. Insu ... Read more
Questions related to 'refinancing'
Related Videos
http://www.businessdictionary.com/definition/refinancing.html
