GREY:WFREF - Post by User
Post by
soundandfuryon Nov 29, 2015 4:03pm
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Post# 24336613
they eill reduce the revolving facility by 100 mil???
they eill reduce the revolving facility by 100 mil??? If you make regular, consistent payments on a revolving credit account, the lender may agree to increase your maximum credit limit – again, like a credit card. There is no set monthly payment with revolving credit accounts, but interest accrues and is capitalized like any other credit. When payments are made on the revolving credit account, those funds become available for borrowing again. The credit limit may be used repeatedly as long as you do not exceed the maximum.
and you know they will reduce the revolving credit facility how? and why? do you work for scotiabank?.......................hehehehe