Lines of Credit
Why a Low Rate Is Not Always the Better Bet
Two lines of credit landed on my desk for the same client in the same week, one at 11 percent and one at 14 percent, and I...
Topic
Revolving credit, draw periods, and when a line beats a lump sum.
Lines of Credit
Two lines of credit landed on my desk for the same client in the same week, one at 11 percent and one at 14 percent, and I...
Lines of Credit
A client asked me last spring why I had steered her toward a line of credit when a term loan she had been quoted carried a...
Lines of Credit
I signed for my first business line of credit assuming it worked roughly like a loan that happened to be flexible, and I was...