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(AP Photo/Gerry Broome) TRENTON, N.C. (AP) – Nine months after Hurricane Florence inundated much of eastern north carolina, the tiny town of Trenton is still struggling to rebuild as a new hurricane ..

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In a refinance transaction, pre-paid interest is calculated from the time the new loan is funded because of the three-day rescission period. So, for example, if your loan funded on June 15, the pre-paid interest would be calculated based on the number of days left in the month of June, or 15 days (June 16 through June 30).

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