What should I look for when shopping for a Personal Line of Credit?
What should I look for when shopping for a Personal Line of Credit? Look at the annual percentage rate (APR), whether and how much the APR can […]
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How much can I borrow with a Personal Line of Credit?
How much can I borrow with a Personal Line of Credit? Most banks and credit unions that offer this product will set the credit limit […]
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How long can I borrow funds with a Personal Line of Credit?
How long can I borrow funds with a Personal Line of Credit? You may obtain credit up to your unused credit limit, and may re-borrow […]
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How do I pay back my Personal Line of Credit?
How do I pay back my Personal Line of Credit? Like a credit card, you will pay a monthly bill that shows your advances, payments, […]
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What happens if I do not pay back my Personal Line of Credit?
What happens if I do not pay back my Personal Line of Credit? Your account may be suspended. The lender may also be able to […]
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What is a money market account?
What is a money market account? A money market account is a special type of account offered by banks and credit unions. Money market accounts […]
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What is a certificate of deposit (CD)?
What is a certificate of deposit (CD)? A Certificate Deposit, or CD, is a special type of savings account offered by banks or credit unions. […]
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Can I open checking or savings accounts with more than one bank at a time?
Can I open checking or savings accounts with more than one bank at a time? Yes. There are no restrictions on the number of checking […]
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The interest rate offered for CDs (certificates of deposiThe interest rate ...
The interest rate offered for CDs (certificates of deposit) is low. Is there anything I can do about that? When choosing a CD, you have […]
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What is a certificate of deposit (CD) rollover or renewal?
What is a certificate of deposit (CD) rollover or renewal? A rollover or renewal can occur at the end of the term of a CD. […]
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