Both a line of credit and a credit card are types of revolving credit where you can borrow up to a certain amount and only pay interest on what you borrow. A line of credit typically has a lower APR ...
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What is a line of credit?

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Business loans and lines of credit can help you meet your funding needs; a loan offers a lump sum repaid through installments, while a line of credit allows you to draw as needed, up to your limit ...