Skip to content
BOL Conferences
Learn More - Click Here!

Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums Need to Remain Anonymous New Reply
New Reply
Post Icon
Smilies Insert Link Insert Email Link Insert Image Link Insert Media Tag List Bold Italic Underline Strike-through Spoiler Quote Font Color Fonts Font Size
 Make textarea smaller
Make textarea bigger
Post Options

HTML is disabled.
UBBCode is enabled.
Poll Manager (Total Polls: 0)




In Response To:
Thread Starter: Anonymous
Title: Re: LOC change in terms

I am drawing a total blank--

If you reserve the right to change terms on a non-home secured line of credit, is the APR change only effective on new transactions? Is the existing balance prior to the change in terms considered a protected balance and subject to the rate that was in effect when the advance was taken?

Thanks in advance!