what is line of credit?

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2006-12-28 19:14:04 · 3 answers · asked by ccy 2 in Business & Finance ➔ Credit

A line of credit is the amount one can borrow from a bank that is predetermined between the parties.

2006-12-28 19:19:30 · answer #1 · answered by Bryan 5 · 0⤊ 0⤋

a loan that you borrow from when you need to without getting all the money at once.

2006-12-30 17:04:22 · answer #2 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋

any type of credit cards..
u can get easy now .....

2006-12-28 22:14:22 · answer #3 · answered by ravi C 2 · 0⤊ 0⤋