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| Credit Card. Loan, as you've noted, is really for a fixed term, fixed payment loan like a mortgage. "masai" <masai_chadi[at]hotmail.com> wrote in message news p.tb1daou4dvcnul[at]dikutoto.gv.shawcable.net...I have just applied for a Line of Credit which allows me to borrow a certain amount whenever I need it. The LOC is interest bearing account and only the interest portion needs to be paid; principle amount can be paid off any time. Since the LOC payment schedule depends on when I borrow and how much I borrow I can not perdetermine all the information MSM asks for at the time of setting up a Loan account. How can I set the LOC account? |
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| I have just applied for a Line of Credit which allows me to borrow a certain amount whenever I need it. The LOC is interest bearing account and only the interest portion needs to be paid; principle amount can be paid off any time. Since the LOC payment schedule depends on when I borrow and how much I borrow I can not perdetermine all the information MSM asks for at the time of setting up a Loan account. How can I set the LOC account? -- Using Opera's revolutionary e-mail client: http://www.opera.com/mail/ |
| Tags |
| 2004, credit, line, msm, setup |
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