How does refinancing work? 214 viewsOctober 1, 2024EconomicsOther Question100.55K October 1, 2024 0 Comments i understand people do it for lower interest rates but how does that benefit the bank/company? In: Economics 6 Answers ActiveNewestOldest Anonymous Posted October 1, 2024 0 Comments You win by getting a lower rate, thus saving money Bank wins by getting more clients, thus making more money I’m sure someone with a lot more brains than me will answer it better than that lol. You are viewing 1 out of 6 answers, click here to view all answers. Register or Login
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