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Interest rate on unsecured line of credit, prime + 2%?
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11-06-2008, 11:54 PM
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ShotDownInFlames12
Scoring Winger
Join Date: Jan 2008
Exp:
P+2% is for an unsecured line is a good deal.
Right now the best we can offer customers is prime + 1 for a SECURED line. We used to be able to do prime on all secured lines and visas.
Average unsecured is probably P + 3%
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