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The Changing Economy

Posted in May 16th, 2009
by admin in Credit, Loans, Programs

Our economy is growing more rapidly in services and in what is loosely termed “high technology” industries than in traditional manufacturing, assembly line types of industry. What does this mean for economic development in rural Oklahoma? First, just because service and high-technology industries are growing more rapidly than traditional manufacturing, new and relocating traditional manufacturing [...]

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Home Equity Line Of Credit (HELOC)

Posted in March 28th, 2009
by admin in Credit

The home equity line of credit is similar to the home equity loan. The primary difference is that the line of credit provides the borrower with a checkbook, instead of one lump-sum check.
The borrower can use the home equity credit line checkbook to withdraw funds for any purpose. The main advantage of the [...]

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