Thank you for reminding me to get my HELOC variable rate changed over to a locked variable. I was not aware that my current HELOC was really a demand
Thank you for reminding me to get my HELOC variable rate changed over to a locked variable. I was not aware that my current HELOC was really a demand loan and could be called anytime.
Not only could it be called at anytime, the fine print states that you could be charged by the bank to pay back 3% per month on your loan on demand. (See Oz Buzz 45 also for business credit lines.)
