In summary, the day's interest component of the LOC is based on the following formula: Days Interest Component = Interest Period + LOC Reinstatement Period + Post Default Accrual + Other (Weekend).
In summary, the day's interest component of the LOC is based on the following formula: Days Interest Component = Interest Period + LOC Reinstatement Period + Post Default Accrual + Other (Weekend).
Keep in mind that all these strategies take planning on your part to make them work. Find a landlord who doesn't need a credit check. Ask a real estate agent about your options. Prove your income and savings. Explain your poor credit history. Highlight how you're addressing credit issues. Consider paying more upfront.