Posted 4/29/2009 07:18 (#696616 - in reply to #696605) Subject: Re: Variable rate loans
Coop, my interest has been at prime + .25 for 11 years. In all that time I have never had any problems. Now the same folks want a flat 5% (floor). Just wondering if this is to help offset some of the slow pay/no pay people that all banks seem to do business with.
Variable rate loans
