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#1 Reason to Refinance: Debt consolidation

One benefit to refinance is debt consolidation. For reasons of lowering monthly payments and taking advantage of today’s low home mortgage rates, consumers are refinancing their homes. The average credit card or personal loan has an annual percentage rate of 18-22%. To avoid the high interest rate, most borrowers will decide to payoff their credit cards in the loan. This way they can eliminate their monthly payments on credit cards and use the savings for other purposes.

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For more reasons as to why you should look into refinancing, click
> REASONS TO REFINANCE <

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> MISTAKES TO AVOID IN REFINANCING ? <

 

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