A line of credit is the maximum dollar amount of credit the lender has made available to you.

Name: A line of credit is the maximum dollar amount of credit the lender has made available to you.
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A line of credit is a pre-approved loan that the lender has made available to the borrower up to a certain dollar amount. The borrower can access the funds as needed and only pays interest on the amount borrowed, not the entire credit limit.

A Line of Credit Is the Maximum Dollar Amount of Credit