Refinancing and Debt Consolidation
Refinancing & Debt Consolidation
Many of us have multiple debts like a car or credit card along with our home loan. Often our car and credit card loans have pretty high interest rates, meaning more out of your pocket. Refinancing could give you the opportunity to streamline your debt and potentially reduce the overall interest you’re paying through ‘debt consolidation’, streamlining all of higher interest debts into one lower interest debt, and reducing your monthly repayments.