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Old 07-02-2006, 12:35 PM
Dick Watson
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Default Re: How to setup a Line of Credit in MSM 2004 SE

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
newsp.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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Old 07-02-2006, 12:36 AM
masai
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Default How to setup a Line of Credit in MSM 2004 SE

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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2004, credit, line, msm, setup
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