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What are the difference between line of credit and credit limit?
Answering "http://wiki.answers.com/Q/What_are_the_difference_between_line_of_credit_and_credit_limit"
What is the difference between a credit line and available credit?
A credit line is the maximum amount of money a lender is willing to lend to a borrower, while available credit is the amount of that credit line that has not been used.
Where is FHA Streamline refinance located?
FHA Streamline refinance is a business that operates online. You can apply for a refinance or simply for a line of credit based on the equity in your current home.
What is the difference between a credit line and a credit limit?
A credit line is the maximum amount of credit a lender is willing to extend to a borrower, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.
What is the difference between a credit access line and a credit limit?
A credit access line is the maximum amount of credit a borrower can access from a lender, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.
What are the difference between line of credit and credit limit?
Answering "http://wiki.answers.com/Q/What_are_the_difference_between_line_of_credit_and_credit_limit"
What is the difference between a credit line and available credit?
A credit line is the maximum amount of money a lender is willing to lend to a borrower, while available credit is the amount of that credit line that has not been used.
Where is FHA Streamline refinance located?
FHA Streamline refinance is a business that operates online. You can apply for a refinance or simply for a line of credit based on the equity in your current home.
What is the difference between a credit line and a credit limit?
A credit line is the maximum amount of credit a lender is willing to extend to a borrower, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.
What is the difference between a credit access line and a credit limit?
A credit access line is the maximum amount of credit a borrower can access from a lender, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.
On credit card what is difference between initial credit line and partial line amount?
According to Citi, the partial line amount is the available cash advance amount, and the credit line is the limit on the account
Can you switch from a line of credit to a fixed loan?
You can refinance the line with a fixed rate loan, or negotiate with the lender to freeze your credit line and fix the rate. They may or may not grant this request.
What is the difference between a credit limit and a credit access line?
A credit limit is the maximum amount of money a lender is willing to let you borrow, while a credit access line is the total amount of credit available to you at any given time.
What is the difference between credit card and revolving credit?
A credit card is a type of revolving credit, whereas a revolving credit account may or may not be a credit card. Revolving credit can also include other types of accounts, such as a revolving line of credit with a bank or a home equity line of credit.
What is the difference between line of credit and revolving credit?
A line of credit is one type of revolving credit, which works similarly to a credit card. Both a line of credit and revolving credit have a set amount available to use, and when you pay down or pay off the amount, the credit is available for you to use again. A line of credit may use collateral to secure the loan, such as a business building, or it may be unsecured or without collateral, such as a credit card.
What is the difference between a credit limit and a credit access line, and how does this affect my ability to borrow money?
A credit limit is the maximum amount of money a lender is willing to let you borrow on a credit card, while a credit access line is the total amount of credit available to you across all your credit accounts. The difference is that a credit limit is specific to one credit card, while a credit access line encompasses all your credit accounts. Having a higher credit access line can potentially increase your ability to borrow money, as it indicates that you have access to more credit overall.
What is the difference between a credit limit and an access line?
A credit limit is the maximum amount of money a lender is willing to extend to a borrower, while an access line is the actual amount of credit available for the borrower to use at any given time.
