You can refinance the line with a fixed rate loan, or negotiate with the lender to freeze your credit line and fix the rate. They may or may not grant this request.
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You can get a fixed line of credit through your bank and also through a consultant. You can get a fixed rate through a home equity loan. Or through a credit repair company.
RC loan refers to Revolving Credit Loan. Revolving Credit is a line of credit, which maybe used whenever a company needs funds. Usually, such credit doesn't have fixed number of payments.
A loan is a lump sum of money borrowed upfront and repaid in fixed installments over time, while a line of credit is a revolving credit account that allows you to borrow money up to a certain limit and repay it as needed.
If it's a term loan (fixed payments, fixed period, fixed rate, etc - ie not a line of credit), it will require a new loan. The new loan will fund the old loan in its entirety and the additional amounts borrowed. If you do a lot of business with a particular bank and they consider you a valuable customer, they will pull strings to keep you happy and in certain cases they may advance additional prinicpal on a loan, but it is very rare. If it is a line of credit then you can draw on it as necessary.
A line of credit is a flexible borrowing arrangement where you can access funds up to a certain limit, repay, and borrow again. A loan is a fixed amount of money borrowed upfront, with set repayment terms.