Is Refinancing Your Loan The Right Choice
Refinancing a loan can lead to lower payments, reduced interest rates, and even extra cash in your pocket. However, it’s not always a guaranteed win. In some cases, refinancing can extend your debt, increase costs, or come with hidden fees. Before you make a decision, let’s break down everything you need to know about refinancing—when it makes sense, when it doesn’t, and how to do it the right way.