Lines of credit often require that the borrower maintain a minimum balance in the bank throughout the loan period.

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This is because a line of credit is a type of revolving loan where the borrower is given access to a specific amount of funds that they can draw upon as needed. The borrower is typically required to maintain a minimum balance in the associated bank account throughout the loan period to ensure that they have sufficient funds to repay the loan.

Lines of Credit Often Require That the Borrower Maintain a Minimum