Exchange Currency

line of credit

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:
  1. 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 ...
     
  2. 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 ...
     
  3. 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 ...
     
  4. Wells Fargo - Personal Line of Credit
    Finance your ongoing expenses and multiple major purchases with a personal line of credit.
     
  5. 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 ...
     
  6. 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.
     
  7. 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.
     
  8. 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 ...