Is Refinancing the Best Way to Get Rid of Debt? ..

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Is Refinancing the Best Way to Get Rid of Debt?

Suppose you have a no guarantor loan from a direct lender worth £10,000 at 15% for three years that you manage to refinance at 9% for 20 years. The interest you will be paying is £16,052. However, the total amount will be worth £12,314 when you do not refinance.

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Is Refinancing the Best Way to Get Rid of Debt?

Has high-interest debt caught you up? The more you delay in clearing your dues, the more harm you will do to your credit score and borrowing ability. Without further ado, you should come up with a str...

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