3 ms·
> And when you pay off a loan with borrowed money the word for that is "refinance" Not really. If I buy a house with a mortgage, I wouldn't say I refinanced t
by nordsieck 3y ago
> And when you pay off a loan with borrowed money the word for that is "refinance"
Not really.
If I buy a house with a mortgage, I wouldn't say I refinanced the house just because the previous owners also had a mortgage. Refinance is only used when the owner is the same across loans.