Drawing down a loan ? What does it mean ?

Thu, 20/04/2006 - 22:14

#1

jay_maniar

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Joined: 19/04/2006

Drawdowns

Hello,

This is well out of date but i'll answer anyway for future reference. Drawdown simply means using the money, i.e actually having it transferred from the bank to your account. You will be charged interest from the date of the drawdown.

Hope that helps...(only 3 months out of date)!!

Jay

Thu, 10/12/2009 - 11:29

#2

usman

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Joined: 10/12/2009

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Thu, 08/04/2010 - 18:53

#3

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#31

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