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How LAMF Works Like a Flexible Overdraft
LAMF offers overdraft-style flexibility, allowing borrowers to pay interest only on funds actually used.
A loan against mutual funds often functions like an overdraft facility. Borrowers can draw funds up to an approved limit and repay at any time. Interest is charged only on the amount used, making it useful for individuals with uneven income or unpredictable cash flows.
Learn about the structure at https://www.discvr.ai/lamf.