Refinance Your Loan

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What is Refinancing?

To refinance means to take out a new loan to pay off an existing one.

Why Choose to Refinance

There are a few reasons to apply for refinancing. They may need to extend the life of their loan, and repayment terms.  Borrowers may want more money or to gain access to new, lower interest rates.

Reasons BMG Money Customers Refinance

  • Debt Consolidation: Our loan customers want to be smart with their money, and pay one interest rate instead of several.
  • Medical procedures and/or medical equipment
  • Home Repairs: After a busy hurricane and rainy season, insurance doesn’t always cover all the damages. Qualified refinance customers may need additional funding for home projects.
  • Large Appliances, Furniture, other Home Improvement Items: Sometimes, things simply break. If your air conditioning unit breaks on a hot summer’s day, refinancing a short term loan is a convenient way to quickly access the cash needed to fix it.

BMG Money wants to make it easy for you to save money. Contact us today to learn more about refinancing your existing installment loan.