[ pˈɜːsənə͡l lˈa͡ɪn kɹˈɛdɪt], [ pˈɜːsənəl lˈaɪn kɹˈɛdɪt], [ p_ˈɜː_s_ə_n_əl l_ˈaɪ_n k_ɹ_ˈɛ_d_ɪ_t]
Related words: credit line, credit score, low interest credit card, personal credit line, personal line of credit, credit limit
How to use "Personal line credit" in context?
Personal line credit is a type of credit that is designed for individuals. It is a type of credit that allows consumers to borrow money from a lender, usually a bank or credit union. The terms of the loan are set by the lender, and generally have a fixed length, with a required repayment schedule. The advantage of this type of credit is that it is not subject to credit checks, so it is a good option for borrowers who have difficulty obtaining conventional loans. Another advantage is that personal line credit can be used to cover emergency expenses, such as a car repair or unexpected bill.
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