Finance

From My Wiki
Revision as of 20:49, 27 September 2025 by Gynergy (talk | contribs) (Created page with "=Emergency LOC= * Interest rates for LOCs are almost always variable and vary widely from one lender to another. * LOCs do not provide the same regulatory protection as credit cards. Penalties for late payments and going over the LOC limit can be severe. * An open LOC can invite overspending, leading to an inability to make payments.")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Emergency LOC

  • Interest rates for LOCs are almost always variable and vary widely from one lender to another.
  • LOCs do not provide the same regulatory protection as credit cards. Penalties for late payments and going over the LOC limit can be severe.
  • An open LOC can invite overspending, leading to an inability to make payments.
Retrieved from "https://gynergy.net/index.php?title=Finance&oldid=370"