You could reduce the interest rate you are paying on loans by

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Refinancing to a secured loan often comes with a lower interest rate because the loan is backed by collateral, reducing the lender's risk. Using a home equity loan to pay off higher-interest credit card debt can also lower the overall interest paid. Refinancing to a shorter-term loan typically results in a lower interest rate, though the monthly payments may be higher. All these options can effectively reduce the interest rate on loans.

You Could Reduce the Interest Rate You Are Paying on Loans