Quote:
Originally Posted by cabmando
Your LOC is fixed rate? I want to do business with the bank you're doing business with. Put the name and number on here and I'll call them. But before I do, I'm willing to put the $500 I'm gonna take from Denis this fall on the line and say your bank's LOC's are based on prime plus and when the fed increases rates, their LOC rates change too. You game??
What you need to do is turn of the TV, disconnect your wifi and spend more time prepping and coating parts. You've bought into the fear.
FWIW, the majority of my customers have paid cash from their business savings thanks to an economy that has their income skyrocketing.
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Rockland Federal Credit Union. Never had an increase.
I'm a pragmatist.
OK, sure.