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Show HN: M1 Borrow – free investing and 3.75% APR portfolio line of credit

11 pointsby rryyanalmost 7 years ago

1 comment

rryyanalmost 7 years ago
Hello HN, M1 Finance is introducing our newest feature today: M1 Borrow. M1 already lets you invest in the stocks you want for free, and now we also offer a simple, low-cost way to borrow against your portfolio.<p>Borrow up to 35% of your account value instantly at 3.75% APR and pay back anytime. Use the funds for any purpose: make a large upfront purchase (car&#x2F;wedding&#x2F;remodel&#x2F;etc.) without selling positions, refinance other debt, or just leverage your portfolio.<p>I lead the product team at M1, and would love your feedback!
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