Line Of Credit is a MS Excel application used to track the 
transactions involved in a "line of credit" type loan.  
These loans typically do not have a fixed payment amount 
and may be open ended in duration.  Line Of Credit is able 
to track the randomly received loan payments, interest rate 
changes and additional borrowing.  It calculates interest 
on a daily basis, and keeps track of accrued interest 
(interest owed but not yet paid). Its a great tool for 
tracking personal loans or loans where interest is 
calculated daily.

As the lender, Line Of Credit allows you to record each 
payment received and each additional draw on your client's 
line of credit.  It gives you the flexibility to have a 
variable rate loan.  Whenever there is an interest rate 
change simply put in a "Rate Change" transaction and the 
tool will correctly calculate with the new interest rate 
from that day forward.  The tool also gives you the ability 
to tell your client what the payoff amount will be on any 
particular day.  Simply put in a payment of $0.00 for the 
day you want a payoff amount.  Generate the report and the 
payoff is indicated on the last line.

As a borrower, Line Of Credit allows you to always know what 
your loan balance is.  It makes it easy to see how much 
interest has been paid and what the current payoff amount 
would be.  The tool is great for ensuring that your lender 
is breaking your payment into principal and interest 
correctly.


Registration

Registration of Line Of Credit will allow you to have an 
unlimited number of transactions for each loan.  Low tech 
(slow) registration can be obtained by mailing $10 to:

Ohio Star Software
LOC 1.01 Registration
14832 Siefkes Ct.
Wichita, KS 67230

The high tech (fast) way is to send an email message stating 
"The check is in the mail for LOC 1.01" to the address show 
below (do actually send the $10 check).  You will receive the 
registration number in our email reply, and we will wait 
patiently for your check to arrive.

CompuServe:	70412,2455
Internet:	70412.2544@compuserve.com

Level 1:	
$10.00  You will receive the registration code needed to have 
more than 4 transactions for a loan.  Level 1 registration can 
be initiated by email to speed the delivery of the registration 
code.
	
Level 2:
$25.00  You will receive the commercial (non-shareware) version 
of this product. The commercial version allows you to have more 
than 4 transactions for a loan, provides the source code for the 
Visual Basic macros and allows you to unprotect the Transactions 
and Report sheets. This will allow you to have complete control 
over the spreadsheet's looks and formulas.  You will be able to 
modify the Visual Basic source code to customize the spreadsheets 
for your business. Level 2 registration requires payment before a 
diskette with the commercial version is shipped.

To register this product, please complete the information below 
and mail it (along with	the appropriate payment) to Ohio Star 
Software at:	

   Ohio Star Software	
   LOC 1.01 Registration 
   14832 Siefkes Ct.	
   Wichita, KS 67230	
