To ensure an unsecured line of credit is used solely for short-term purposes, the loan arrangement frequently includes which one of the following?

Name: To ensure an unsecured line of credit is used solely for short-term purposes, the loan arrangement frequently includes which one of the following?
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Question

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A cleanup period is a time during which the borrower must pay off the entire balance of the line of credit, ensuring it is used for short-term needs and not as a permanent source of funds.

To Ensure an Unsecured Line of Credit Is Used Solely