Register
What is a line of credit?
54.3k views
5 votes
What is a line of credit?

User Shiladitya Bose
by
7.5k points

2 Answers

2 votes
A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds.
User Kelly Bundy
by
6.8k points
4 votes

Answer:

A line of credit is the money you have on your credit card

Step-by-step explanation:

User Ian Lewis
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.4m questions

11.0m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!