"Private refinancing" refers to the process of replacing an existing loan with a new loan from a private lender. It is a way for individuals or businesses to get a better interest rate or repayment terms for their debt.
Full definition
Synonyms for individual words can be found below.
«private»
«refinancing»
Sentences with «private refinancing»
- Private refinance loans are based on credit and you may need a cosigner to get the best rate. (u-fi.com)
- As the nation's total outstanding student loan debt continues to rise, private refinancing lenders have also become immensely popular and profitable. (studentloans.net)
- There are a number of private refinancing firms available, but be sure to weigh the pros and cons and research the interest rates and flexibility. (thecollegeinvestor.com)
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