What is another word for personal line credit?

4 synonyms found


[ pˈɜːsənə͡l lˈa͡ɪn kɹˈɛdɪt], [ pˈɜːsənə‍l lˈa‍ɪn kɹˈɛdɪt], [ p_ˈɜː_s_ə_n_əl l_ˈaɪ_n k_ɹ_ˈɛ_d_ɪ_t]

Personal line of credit is a type of loan that is granted to individuals by banks and other financial institutions. It is a flexible form of borrowing that allows individuals to access funds whenever they need them. There are several synonyms for personal line of credit, including a revolving line of credit, a personal credit line, and a personal overdraft. These terms all refer to the same type of loan, which enables borrowers to withdraw funds up to a predetermined credit limit. Whether you call it a personal line of credit or one of its synonyms, this type of loan offers borrowers the freedom and flexibility they need to manage their finances.

Related words: credit line, credit score, low interest credit card, personal credit line, personal line of credit, credit limit

Related questions:

  • How do you apply for a personal line of credit?
  • What is a credit line on a mortgage?
  • What is a personal line of credit?
  • How do you get a personal line of credit?

    Synonyms for Personal line credit:

    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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