Refinance or consolidate loans of different types

Strike term loans come in two interest plans: pay interest monthly with principal due at maturity, or pay principal plus interest together at maturity. You can now refinance a loan into a new one with a different payment schedule, as well as consolidate monthly-payment and payment-at-maturity loans together into a single loan of either kind. This brings more flexibility so you can tailor your borrowing strategy to your financial needs.