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What is the benefit of revolving credit?

If properly managed, a revolving credit loan can reduce your interest costs substantially.

This is a simple matter of getting the revolving credit account set up properly at the start, and we will help you with this.


There is one simple rule

The over-riding principle is that you must earn, or be likely to receive, more than you spend, leaving you a monthly surplus.

  • Your monthly surplus becomes a repayment of loan principal. 
  • The benefit is that it reduces the principal owing on your mortgage and, therefore, it reduces the interest you are charged each month.  

To maximize the benefit, you must manage the account correctly