Einen alten Kredit durch einen neuen mit besseren Bedingungen ersetzen.
To replace an old loan with a new one on better terms.
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See how the word “umschulden” is used in sentences
Wir wollen den Kredit umschulden, die Zinsen sind gesunken. — We want to refinance the loan, interest rates have fallen.
Umschulden lohnt sich nicht immer. — Refinancing isn't always worth it.
Die Bank hat uns beim Umschulden geholfen. — The bank helped us refinance.
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