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Re: Alydyr post# 10963

Thursday, 12/19/2013 10:53:03 AM

Thursday, December 19, 2013 10:53:03 AM

Post# of 97213
Alydyr-I get your point 24% interest,

however, just basic common sense, take for instance applying for a credit card. They don't give you more credit for the same sub par credit interest rate. :(

Alpha has provided us a line of credit up to $2,500,000. The interest rate of our line of credit is 24% per annum.

The new credit line is 12.5 million.

Just to be on the fair side though, you are correct in pointing out the ridiculously high rate they have been paying.
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