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| *Loan,banking and credit>>>credit line |
Can anybody tell me what a "line of credit" loan is?? |
Can anybody tell me what a "line of credit" loan is?? LOC Or Loan? Loan you start paying right away at a fixed rate, if you set it up that way. it includes interest and principle (usually) LOC is like a Credit card. pay when you use and at a variable rate. If they tell you the payments are fixed then read the fine print with a magnifying glass. Min pays are interest only It is for a set amount, for instance $5000, that you can borrow against at any time, for any reason as long as it is never more than $5000. I can offer your loan at 3% interest rate All you have to do if you are interested in my loan is just to provide in details below... Full name.................. Location.................... Phone number................ Sex....................... Currently Working?................... Place of work................... Monthly income................ Actual amount needed as loan............ So do that as soon as possible so that we can proceed further. Thanks..... |
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