291      阿裏巴巴  alibaba buyer

How are interest costs calculated on my line of credit?

The e-Credit Line product through Lending Club has an annual interest rate starting at 6.0%. This interest rate changes based on the WSJ Prime Rate. 

Interest is charged only on the outstanding balance of the e-Credit Line. This means:
* Making extra payments will reduce outstanding principal and therefore interest expense.

* You can pay the e-Credit Line off at any time and save on interest expense. No more interest will be charged once the line balance is paid in full. There is no prepayment fee.

If you have any questions, give your dedicated Client Advisor a call at 855-846-0153.

最後更新：2017-05-22 21:31:16

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