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11-14-2018, 01:53 PM #1
Line of Credit kabbage
Is kabbage LOC the same as bluevine with costs and fees?
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11-14-2018, 02:07 PM #2
- Join Date
- Feb 2017
- Posts
- 3,416
Kabbage = Interest front-loaded, very high interest rates in general
Bluevine = 6 or 12 month amortization (more interest up-front)
Kabbage rates are higher per month the first 6 months, then drop the second 6 months.
Bluevine is constant in the amortization
Kabbage is 1.5-10% monthly rate (but they probably don't offer 1.5 to many people)
Bluevine is 1-8% monthly rate (I have someone who they offered with the 1%, so I know they do go down that low)
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