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Typically, people obtain lines of credit from their bank or credit union. Some businesses offer their employees a line of credit as well. Businesses may obtain a line of credit from another business.

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Q: Where can one get a line of credit?
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Definition of seasoned trade lines?

A trade line is another term for a Line of Credit. A Line of Credit is a predetermined amount of funds your company can draw on to finance short-term need, such as a build-up of inventory for your busy season. Typically, a commercial line of credit must be paid to zero for some part of the year. It is not designed to be long-term credit. A seasoned line of credit or seasoned trade line is one that has been in existence long enough that the lender is comfortable you will pay as agreed based on your actual payment history. For many banks, a line of credit or trade line, paid as agreed for two years or more, is seasoned.


Where can one find credit accounts?

Many credit card companies offer online applications for easier processing. Capital One, RBC, and Citibank all offer credit cards which one can apply for. Many other financial institutions offer credit cards as well as line of credit accounts.


What is the current interest rate for the Citibank home equity line of credit?

The current interest rate for the Citibank home equity line of credit is 4.49% for a $50,000 loan. However whether one would get this would normally depend on credit history.


How does one go about doing a credit report search?

There are thousands of companies on-line who will provide you with your own credit report. The fee they charge will vary.


Average Initial credit line?

For what?!?!?!? I have harped about this for months. If you're going to ask a question (and want a meaningful answer), then provide some details. Are you asking about the average initial credit line for a credit card, for a small business line of credit, for a Fortune 500 company, what?


The maximum amount of credit you are allowed by a creditor is called?

line of credit


You were approved today for emerald line of credit so can you use the credit today?

Yes I had the line of credit twice and you can use it the same day after 1 hour of receiving it.


Is line of credit a loan?

Yes.


What is a credit line in a newspaper?

A credit line in a newspaper is where reference is made to items included in the article from another source, such as research material.


What amount of credit can be use monthly on a 455 credit limit credit card?

you should only utilize 35% of your credit line


When adding an old trade line to your credit report will this help raise your credit score?

ANSWER: If the old trade line was in good standing, yes.


Can a letter of credit be a By line of credit?

no because the two is far different from each other.