answersLogoWhite

0

Where can one get a line of credit?

Updated: 9/28/2023
User Avatar

Wiki User

12y ago

Best Answer

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.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Where can one get a line of credit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does one apply for a Chase home equity line of credit?

One may apply for a Chase home equity line of credit loan via the Chase credit website. A Chase home equity line of credit allows one to use their home as collateral for a variable-rate line of credit that can be used for a variety of purposes.


Is Capital One line of credit expensive?

The Capital One line of credit interest rate is reasonable when compared to similar providers. This is also when considering the various fees and charges applicable to the line of credit.


How does one get a personal line of credit?

A "personal line of credit" refers to an ongoing borrowing arrangement with a bank. Frequently, these loans are unsecured. One can apply for a personal line of credit from many banks, such as Wells Fargo.


What is the easiest company to get lines of credit?

The easiest way to get a line of credit is to check with the bank one does business with. Charter One and Balboa Capital have websites one might visit when trying to get a line of credit.


What are credit line rates and where do they exist?

Credit line rates refer to credit scores, often of a business or individual. One can find a credit line rate by speaking to representatives of banks or financial experts, for example.


What is care one credit and how do you get it?

Care one credit is a credit agency that you apply to get a credit line with. You must fill out the application and go thru the credit approval process in order to get Care One Credit.


How can one acquire a home equity line of credit loan?

To apply for a home equity line of credit, one should contact the institution they do their banking from. This way, there is already a business relationship established. The line of credit will vary based on credit score and how much equity is owned.


What is the meaning of line of credit?

If you are talking about a personal line of credit, this means the maximum amount of money that you are allowed to charge on a credit card an one particular time.


How does one open a line of credit?

The easiest line of credit to open is a credit card. There are many credit cards who, for higher fees and interest rates, specifically target people with poor or no credit. Otherwise, if you open a line of credit with your bank (i.e. get a loan) you have to prove financial stability, and dependability.


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.


Where can someone open an Equity Line of Credit?

There are many places one might consider going to to open an "Equity Line of Credit." The most reputable source for an "Equity Line of Credit" would be to go through your local bank or credit union.


What is the purpose of lines credit?

One will find that the purpose of a line of credit is overdraft protection. Lenders also offer lines of credit (also called loan terms) to borrowers. One may borrow up to a maximum line of credit amount.