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MarineVietVet
Posts: 14,084
Registered: ‎07-14-2009
Re: Private student loan - Revolving account or installment loan?

 


laz98 wrote:

aren't lines of credit considered revolving?  because they don't have a set balance?


 

That's true and it is listed as revolving but I just don't know enough about SL's to comment further. I always thought a SL was an installment loan. That shows what I know. (Or didn't know).

 

 

 

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".