Newspapers / West Craven Highlights (Vanceboro, … / June 7, 1984, edition 1 / Page 3
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West Cravan Hl9hllg*it8, June7^Jgg4, Paga3 .\^&chovia The prime-based line of credit up to $25,000 or more that’s as easy to use as writirig a check. It’spearraiiged Use it aitytime, for any ream With Wachovia BankLine you can have a personal line of credit from $2,500 to $25,000 or more at rates based on Wachovia’s Prime Rate? When you want to borrow money, you don’t have to make a trip to the bank; you simply write a BankLine check. Your BankLine account costs you nothing to open, and there are no annual fees. Rates basedontheprime. A Wachovia BankLine account lets you enjoy preferred interest rates based on Wachovia’s Prime Rate. So BankLine can be a less expensive way to borrow. And your rate is determined by your credit line, not by the amount you borrow. Here’s how it works. YOUR CREDIT LINE: YOUR INTEREST RATE: $10,000 or over $ 5,000 to $9,999 $ 2,500 to $4,999 Prime + 1% Prime + 1V2% Prime + 2V2% Your rate may vary monthly with economic conditions. If the Prime Rate goes down, so does your interest rate. But no matter how high the Prime Rate should go, under present North Carolina law the maximum Annual Percentage Rate (APR) you will be charged is 18%. The minimum rate is 8% APR. Ask a ftrsoial Banker ” A Wachovia Personal Banker can help you decide if BankLine is right for you. Call or stop by any Wachovia office this week and ask about BankLine. It’s a better way to borrow. Wachovia Bank&Trust \\khcivia is aeadng better to boTOw * “Prime Rate” refers to that interest rate set by the Bank from time to time as an interest rate basis for commercial and consumer borrowings. The Prime Rate is one of several interest rate bases used by the Bank. The Bank lends at interest rates above and below the Prime Rate.
West Craven Highlights (Vanceboro, N.C.)
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June 7, 1984, edition 1
3
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