What does personal credit line mean?
Definitions for personal credit line
per·son·al cred·it line
This dictionary definitions page includes all the possible meanings, example usage and translations of the word personal credit line.
Princeton's WordNet
credit line, line of credit, bank line, line, personal credit line, personal line of creditnoun
the maximum credit that a customer is allowed
ChatGPT
personal credit line
A personal credit line, also known as a line of credit, is a type of loan agreement by a bank, credit union, or other financial institution that allows an individual to borrow money up to a specified limit as and when needed. Unlike a traditional loan, interest is only charged on the amount of money actually borrowed, rather than the total credit line available, and repaid money becomes available again to borrow. The flexibility to use funds on an as-needed basis makes it a useful funding tool for managing cash flow or handling unexpected expenses.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of personal credit line in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of personal credit line in Pythagorean Numerology is: 1
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"personal credit line." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/personal+credit+line>.
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