The conversation between human and AI assistant.
What is the best way for a 25 y o student with some time left for school to straighten a debt to the bank and to other people?
Okay, that makes sense. What about refinancing?
Refinancing is also the process of taking out a new loan to pay off an existing debt, but with different terms or rates. This is often done to lower the interest rate or monthly payment. However, it's important to make sure you meet the requirements for refinancing and that you're getting a better deal in the long run.