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Internet cost of the line of credit facility

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Reference no: EM133111376

A line of credit loan allows the borrower to:

Select one:

1.  Exceed the loan limit set by the lender for a temporary period.

2. Have a fixed repayment amount

3. Deposit money into an offset account to reduce the internet cost of the line of credit facility

4. ASccess the equity in their home and is often offered to business people as the internet is cheaper than a business overdraft.

Reference no: EM133111376

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