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What are the difference between line of credit and credit limit?
Answering "http://wiki.answers.com/Q/What_are_the_difference_between_line_of_credit_and_credit_limit"
What is the difference between a credit access line and a credit limit?
A credit access line is the maximum amount of credit a borrower can access from a lender, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.
What is the difference between a credit limit and a credit access line?
A credit limit is the maximum amount of money a lender is willing to let you borrow, while a credit access line is the total amount of credit available to you at any given time.
On credit card what is difference between initial credit line and partial line amount?
According to Citi, the partial line amount is the available cash advance amount, and the credit line is the limit on the account
What is the difference between a credit limit and an access line?
A credit limit is the maximum amount of money a lender is willing to extend to a borrower, while an access line is the actual amount of credit available for the borrower to use at any given time.
What are the difference between line of credit and credit limit?
Answering "http://wiki.answers.com/Q/What_are_the_difference_between_line_of_credit_and_credit_limit"
What is the difference between a credit access line and a credit limit?
A credit access line is the maximum amount of credit a borrower can access from a lender, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.
What is the difference between a credit limit and a credit access line?
A credit limit is the maximum amount of money a lender is willing to let you borrow, while a credit access line is the total amount of credit available to you at any given time.
On credit card what is difference between initial credit line and partial line amount?
According to Citi, the partial line amount is the available cash advance amount, and the credit line is the limit on the account
What is the difference between a credit limit and an access line?
A credit limit is the maximum amount of money a lender is willing to extend to a borrower, while an access line is the actual amount of credit available for the borrower to use at any given time.
What is the difference between a credit access line and a cash access line?
A credit access line allows you to borrow money up to a certain limit, while a cash access line allows you to withdraw cash directly from your account up to a certain limit.
What is the difference between a credit limit and a credit access line, and how does this affect my ability to borrow money?
A credit limit is the maximum amount of money a lender is willing to let you borrow on a credit card, while a credit access line is the total amount of credit available to you across all your credit accounts. The difference is that a credit limit is specific to one credit card, while a credit access line encompasses all your credit accounts. Having a higher credit access line can potentially increase your ability to borrow money, as it indicates that you have access to more credit overall.
What is the difference between a loan and a line of credit?
A loan is a lump sum of money borrowed upfront and repaid in fixed installments over time, while a line of credit is a revolving credit account that allows you to borrow money up to a certain limit and repay it as needed.
What is the difference between refinance and line of credit?
There are a few differences between refinancing and a home equity line of credit. One difference is that the interest rate on a refinanced mortgage is generally lower than the interest on a home equity line of credit.
What is the difference between a line of credit and a loan?
A line of credit is a flexible borrowing arrangement where you can access funds up to a certain limit, repay, and borrow again. A loan is a fixed amount of money borrowed upfront, with set repayment terms.
What is the difference between credit and revolving credit?
credit is any money loaned to you including cards/installments/mortgages etc and revolving indicates a line of credit or credit card which has a limit available and you can use and pay and reuse where an installment has a specific amount and you pay it off and it closes
What is the difference between a credit line and available credit?
A credit line is the maximum amount of money a lender is willing to lend to a borrower, while available credit is the amount of that credit line that has not been used.
