Fidelity Equity Credit Line offers 2 percent cap and no closing costs
Fidelity Bank promotes a low rate with a 2 percent cap for this year and the next. It promises no closing costs or application fees and protection against rising rates. The rate will not increase by more than 2 percent on each annual anniversary for as long as the line remains open.
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Fidelity Equity Credit Line
Fidelity Bank offers equity line with fixed cap and rate shifts
Fidelity Bank markets the Equity Credit Line with a guaranteed cap of 2 percent annual increase, a variable rate tied to prime with no floor, and no closing costs or fees. It notes 10.00 percent APR for June 1987, with a 12.00 percent ceiling through May 1988, and emphasizes rate protection without gimmicks. Area code 215 references.
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Fidelity Bank