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re: Personal Line of Credit

Posted on 9/26/12 at 8:06 am to
Posted by yellowfin
Coastal Bar
Member since May 2006
97771 posts
Posted on 9/26/12 at 8:06 am to
quote:

It sounds like they've created a line of credit that will serve as overdraft protection for your checking account, ie: your checking balance is $100, you buy something for $150 so you just drew $50 from your line of credit.





this

i have it on my personal checking
Posted by CoolHand
Member since Dec 2011
2084 posts
Posted on 9/26/12 at 8:25 am to
Was thinking the same thing, but....

quote:

and the money will be there in 4 days.
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