Enterprise. 1  T&M â this is the daily charge for your rental car also know and Time and Mileage. 2  Concession Recovery Fee â At certain airport locations where a Rental Car company is an on-airport concessionaire, they are required to collect other mandatory charges from its customers and to remit them to the airport.
How does a HELOC work? The first 5 or 10 years of a HELOC (the period varies by lender) are known as the draw period. During the draw period, you may borrow from the HELOC and the minimum monthly payments are interest only. After the draw period expires, the repayment period begins. Usually the repayment period last 20 years.
The main difference is that a HELOC is simply a line of credit that allows a homeowner to borrow up to a pre-determined amount set by the mortgage lender, whereas with a conventional mortgage, the amount borrowed is the total amount financed.