line of credit

Synonyms:

bank line, credit line, line, personal credit line, personal line of credit

Types:

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consumer credit

a line of credit extended for personal or household use

equity credit line, home equity credit, home equity loan, home loan

a loan secured by equity value in the borrower's home

installment credit, installment loan

a loan repaid with interest in equal periodic payments

charge account credit, open-end credit, revolving credit

a consumer credit line that can be used up to a certain limit or paid down at any time

Type of:

credit

money available for a client to borrow