line of credit Archives - Pearl Financial

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Apr 11

The No-Nonsense Guide To Lines of Credit

By Shane | Fundamentals

A line of credit is an arrangement made between a bank and a borrower. The bank offers a maximum loan amount to the borrower, which can be drawn upon at any given time. The borrower which can be an individual, business or government entity has the advantage of taking out as much as they want up to the maximum amount. Continue reading

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