Coronavirus Cash Crisis: Should I Refinance My Personal Loans?

Coronavirus Cash Crisis: Should I Refinance My Personal Loans?

Assessment

Interactive Video

Business

University

Hard

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The video tutorial discusses the benefits of refinancing private loans to take advantage of lower interest rates. It suggests exploring refinancing options not only for private loans but also for mortgages, cars, and credit cards. The tutorial emphasizes the importance of considering the rapidly changing economic environment and personal financial circumstances before making refinancing decisions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can you potentially lower interest rates on credit cards?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it important to weigh all options in a changing economic environment?

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