What Is A Revolving Line Of Credit?

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  • เผยแพร่เมื่อ 10 ม.ค. 2025

ความคิดเห็น • 8

  • @manasdatta8037
    @manasdatta8037 3 ปีที่แล้ว +7

    That was a really simple and clear explanation, thanks for a great video!

  • @unclezizo
    @unclezizo 2 ปีที่แล้ว +1

    I'm here courtesy of Noelle. Thanks Joe!

  • @vukstevanic
    @vukstevanic 2 ปีที่แล้ว +3

    5:50, "The benefit of having a revolving credit line is that you only pull what is neccesary and you only pay for what you use".
    With nothing against you Sir (thank you for the video, enyojed it), the fact that we live in a society where something which is absolutely normal - use what you need and pay for what you use, is considered "a benefit", is dissapointing.
    Charging interest and fees for recourses a consumer or bank client doesn't use (like charging interest for a whole month instead for the 10 days the money was used for) is greenery, it's just taking advantage and claiming money without true value given.

  • @jimmyshah3648
    @jimmyshah3648 4 ปีที่แล้ว +3

    Nice Explanation, Thank You

    • @GrowbyJoe
      @GrowbyJoe  4 ปีที่แล้ว +2

      Happy to help, Jimmy! Always here to help!

  • @gl1134
    @gl1134 3 ปีที่แล้ว

    Thanks for the insight now I know what questions to ask my bank.

    • @moncorp1
      @moncorp1 2 ปีที่แล้ว

      Ask them where to put periods and capital letters while you're at it.

  • @curtisdavis8594
    @curtisdavis8594 3 ปีที่แล้ว

    Thanks