Article by Tony
You have probably heard of auto refinance before. Or simply refinance.The term "refinance" actually refers to a financial situation wherein aborrower finds financing to pay off a current loan. Refinance is often put intopractice in home buying. In fact, refinancing is one of the most popularmethods of getting financing for a home loan.With auto refinance, the same thing applies. Auto refinance is basicallypaying off one loanwith a new loan.
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