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0 0.000181192244971879 0 -0.00117774959231754 -0.00561695959412941 -0.0059793440840733 -0.00616053632904518 -0.00806305490125023
Stock impact report

Can You Refinance a Personal Loan More Than Once? [Yahoo! Finance]

OneMain Holdings, Inc. (OMF) 
Last onemain holdings, inc. earnings: 4/27 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.onemainfinancial.com
Company Research Source: Yahoo! Finance
Strictly speaking, you can't refinance a personal loan more than once, because your old loan is replaced by a new loan when you refinance. However, you can refinance your new loan in the future if you need to. Before you pursue a refinance, it's important to understand when refinancing is a good idea and what to consider if you need to do it more than once. What is personal loan refinancing? Refinancing a personal loan means taking out a new loan to pay off an existing one, either with the same lender or a different one. Ideally, you should refinance your loan at a lower interest rate than the original loan. If you've already refinanced your personal loan once and are thinking about doing it again, you're not alone. But you need to make sure that the second (or third) refinancing will actually benefit you. What are the pros of refinancing more than once? Refinancing more than once could be beneficial, depending on your situation. Here are a few advantages: Lower interest r Show less Read more
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