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Commercial loan verses revolving loanCommercial loan verses revolving loan
dawn33 said: "We have a 5000.00 loan under a revolving credit acct ..
which when payments are made , unless made double payments everything going to interest.
Question what would make a diffrence if I transferred to a comercial loan? would that normally help paying off any shorter? what would be my best option here if I am wanting to get this paid off asap... besides doubling up payments and just changing terms from revolving to commercial fixed I guess they call it?
Thanks Dawn"