TopHot
How does heloc interest work for short term withdrawal?
How does heloc interest work for short term withdrawal? If I were to take out 10k for 15 days then pay it back, how is interest charged? I’ve seen people refer to them similar to credit cards, but my understanding is the interest is charged on the draw? I’m just unclear what the owed interest would be in keeping it out for 15,30,45, etc days
submitted by /u/Competitive-Jelly709
Category:
