what does it mean to refinance your home?

smoke_horse asked:


i would like to know how to refinance my home and car, but dont know what that will do to my credit. how do i do it and will it hurt my credit?

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Tags: Dont Know, Refinance Car

This entry was posted on Friday, February 6th, 2009 at 12:18 pm and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “what does it mean to refinance your home?”

1. pearlmel Says:
   February 9th, 2009 at 10:20 pm

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   refinancing doesnt hurt your credit! not paying your creditors will!
   contact a lender if you have enough equity you may be alble to get cash out to pay off car!

2. Mortgageman Says:
   February 11th, 2009 at 9:24 am

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   It does not hurt your credit. The only thing that hurts your credit is when you don’t pay your bills on time. You need to call a bank, credit union, or mortgage company. Tell them what you want and why. They will explain your options. You will obtain a new mortgage, with new terms, and your old one will be paid off.

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