Since Penfed no longer offers the variable rate PLOC, their new PLOC is a fixed rate of 14.65%. So those of us that have the variable rate PLOC can no longer have the credit line increased either.
My credit line was $10,000.00. So I called Penfed this morning and moved the PLOC credit line over to my Promise and closed out the PLOC. Very easy to do.
Since I have the CLOC with NFCU it just makes things easier to manage. Going to keep what's in my signature. Been gardening since November and that's where I will stay for a very long time. I have everything I need with high limits.
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