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  2. Personal loan vs. personal line of credit: What’s the ... - AOL

    www.aol.com/finance/personal-loan-vs-personal...

    Borrowing a personal loan means receiving a lump sum when you are approved, while a personal line of credit functions similarly to a credit card. Both personal loans and personal lines of credit ...

  3. What is a HELOC? - AOL

    www.aol.com/finance/heloc-home-equity-line...

    Credit cards: One of the most expensive ways to borrow, but they are convenient and relatively easy to qualify for, though an upper five-figure credit line might be hard to come by.

  4. Line of credit - Wikipedia

    en.wikipedia.org/wiki/Line_of_credit

    A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A financial institution makes available an amount of credit to a business or consumer during a specified period of time.

  5. Does My Business Need a Line of Credit or a Loan? - AOL

    www.aol.com/does-business-line-credit-loan...

    A line of credit is a flexible financing option that allows businesses to borrow funds up to a predetermined limit, as needed, rather than receiving a lump sum all at once.

  6. Home equity line of credit - Wikipedia

    en.wikipedia.org/wiki/Home_equity_line_of_credit

    A home equity line of credit, or HELOC (/ˈhiːˌlɒk/ HEE-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's property (akin to a second mortgage).

  7. Types of business lines of credit - AOL

    www.aol.com/finance/types-business-lines-credit...

    Business credit cards: Business credit cards work similarly to a revolving business line of credit, replenishing the amount you can borrow as you pay it back. But if you pay off the credit card in ...

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