Lender-driven refinancing is extensive The incentive to refinance is indeed strong that businesses have actually policies needing workers to market refinancing that is actively. As an example, Colorado officials discovered that one company instructed its workers to encourage clients to refinance 60 times after that loan ended up being given, 69 and another loan in Oklahoma ended up being renewed 37 times. 70 likewise, a debtor from Texas whom refinanced 16 times wound up having to pay significantly more than $1,980 in costs for a $200 loan. 71 Focus team participants confirmed that advertising of renewals ended up being extensive, plus some described it asRead More →