Synonyms for

Refinancing

Verb / ˌri:fʌˈnænsɪŋ / / ˈri:ˈfaɪˌnænsɪŋ / Another word for refinancing — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Refinancing is the process of replacing an existing loan or debt with a new one that has different terms.

Synonyms & similar words

refinance restructuring reorganizing rearranging reordering rephrasing rewording revising amending altering changing modifying renewing replacing substituting switching varying transmuting transforming metamorphosing transfiguring

Example sentences

  1. I am thinking about refinancing my home to lower my monthly mortgage payment.
  2. Refinancing my student loans helped me save money in interest.
  3. She is refinancing her business loan to get a better interest rate.
  4. Refinancing can be a good option if you want to pay off your debt faster.
  5. The bank denied my refinancing application because of my low credit score.

Quotes

  • "Refinancing is a great way to save money on your loans and debts." - Suze Orman
  • "Refinancing your mortgage can be a great way to lower your monthly payments and save money in interest." - Dave Ramsey
  • "Refinancing your car loan can help you get a better interest rate and save money over time." - NerdWallet

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