When you refinance your current personal loan with a new lender—ideally one that has a lower interest rate—you are transferring the balance of your loan. By doing this, you may be able to reduce the amount of interest you pay overall during the loan's term.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.