An arrangement in which a bank or vendor extends a specified amount of unsecured credit to a specified borrower for a specified time period. also called credit line.
Related information about line of credit:
- Line of credit - Wikipedia, the free encyclopedia
A line of credit is any credit source extended to a government, business or individual by a bank or other financial institution. A line of credit may take several ...
- Line Of Credit (LOC) Definition | Investopedia
An arrangement between a financial institution, usually a bank, and a customer that establishes a maximum loan balance that the bank will permit the borrower ...
- Home Equity Lines of Credit - Consumer Financial Protection Bureau
What if the lender freezes or reduces your line of credit? ............. 10. Glossary . ... A home equity line of credit is a form of revolving credit in which your home ...
- Wells Fargo - Personal Line of Credit
Finance your ongoing expenses and multiple major purchases with a personal line of credit.
- Home Equity Line of Credit (HELOC) from Bank of America
A home equity line of credit allows you to access your money as you need it, up to a credit limit. Learn about HELOCs and HELOC rates and apply at Bank of ...
- Line of Credit - How a Line of Credit Works
A line of credit is a pool of available money that you can borrow. This page covers the basics of how lines of credit work.
- Personal Loans & Lines of Credit | U.S. Bank
Obtain an Unsecured Personal Loan or Line of Credit if you are and existing U.S. Bank customer. Fast easy access to funds when you need them.
- CHASE Home Equity Loans and Lines of Credit
Line of Credit Calculator Debt Consolidation Calculator ... What are the primary advantages of a home equity line of credit? What can a home equity loan be ...