Line Of Credit in a sentence
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(1) LC can stand for line of credit.
(2) I have a line of credit with my bank.
(3) I want to pay down my line of credit.
(4) The bank is where you can get a line of credit.
(5) I used my line of credit to invest in real estate.
(6) The bank may charge interest on the line of credit.
(7) He took out a line of credit to start his business.
(8) The interest rate on my line of credit is variable.
(9) The interest rate on my line of credit is flexible.
(10) The business owes a balance on their line of credit.
Line Of Credit sentence
(11) I'm going to pay down my home equity line of credit.
(12) We were preapproved for a home equity line of credit.
(13) We are prequalified for a home equity line of credit.
(14) The interest rate on my line of credit is quite high.
(15) He is paying the bank for his personal line of credit.
(16) The line of credit has an annual interest rate of 10%.
(17) I used my line of credit to pay for my college tuition.
(18) The interest period for this line of credit is 60 days.
(19) The bank gave me a line of credit to start my business.
(20) We're going to pay down our home equity line of credit.
Line Of Credit make sentence
(21) I'm going to open a new line of credit for my business.
(22) I used my line of credit to start my own small business.
(23) The interest period for this line of credit is variable.
(24) The house was used as collateral for the line of credit.
(25) The interest rate on my business line of credit is high.
(26) The bank gave him a line of credit to start his business.
(27) The maturity date for the line of credit is in three days.
(28) The line of credit helped me cover unexpected car repairs.
(29) I need to take out a line of credit to purchase a new car.
(30) The maturity date for the line of credit is in six months.
Sentence of line of credit
(31) I need to apply for a personal line of credit at the bank.
(32) The mortgagees offered a home equity line of credit option.
(33) The bank increased the credit amount on his line of credit.
(34) The bank offers a floating rate home equity line of credit.
(35) The interest paid on my line of credit is quite reasonable.
(36) The line of credit from the bank helped me pay for tuition.
(37) The company is repaying a line of credit used for expansion.
(38) My line of credit allowed me to take a much-needed vacation.
(39) The bank will place a lien before granting a line of credit.
(40) The company mortgaged its assets to secure a line of credit.
Line Of Credit meaningful sentence
(41) The interest rate on my personal line of credit is flexible.
(42) The bank approved our home-equity line of credit application.
(43) The lender required collateral to approve the line of credit.
(44) They are trying to pay down their home equity line of credit.
(45) The interest cost of the personal line of credit was variable.
(46) The bank offers a fixed interest rate on their line of credit.
(47) The bank preapproved my request for a business line of credit.
(48) It's a good idea to take out a line of credit for emergencies.
(49) The interest paid on my personal line of credit is quite high.
(50) I'm considering whether to refi my home equity line of credit.
Line Of Credit sentence examples
(51) The bank offers a line of credit with a floating interest rate.
(52) The interest cost of a business line of credit can be flexible.
(53) The interest earned on the line of credit was calculated daily.
(54) The bank gave me a line of credit to help me start my business.
(55) The personal line of credit has an annual interest rate of 15%.
(56) I would like to increase the credit amount on my line of credit.
(57) She is determined to pay down on her home equity line of credit.
(58) I'm considering taking out a line of credit to invest in stocks.
(59) I'm considering taking out a line of credit to renovate my home.
(60) The credit amount on his home equity line of credit was $75,000.
Sentence with line of credit
(61) The interest charges on my personal line of credit are variable.
(62) I'm planning to take out a line of credit to purchase a new car.
(63) I'm going to open a new line of credit for my personal expenses.
(64) I relied on my line of credit to fund my home renovation project.
(65) I need to be cautious not to overdrawn against my line of credit.
(66) The line of credit will bear interest on the outstanding balance.
(67) Let's pay down our personal line of credit before using it again.
(68) The customer was able to defer payment by using a line of credit.
(69) The company used collateralised assets to obtain a line of credit.
(70) We refinanced our business line of credit to secure a better rate.
Use line of credit in a sentence
(71) The company hypothecated its inventory to secure a line of credit.
(72) The amortizations on my personal line of credit are interest-only.
(73) The company hypothecated its inventory to obtain a line of credit.
(74) I relied on my line of credit to cover unexpected medical expenses.
(75) I relied on my line of credit to pay for my home insurance premium.
(76) Taking out a line of credit can help cover unexpected home repairs.
(77) We decided to take out a line of credit to fund our dream vacation.
(78) I'm planning to take out a line of credit to invest in real estate.
(79) The company hypothecated its trademarks to secure a line of credit.
(80) The interest cost of the line of credit is based on the prime rate.
Sentence using line of credit
(81) The borrower had to put up collateral to secure the line of credit.
(82) The company collateralized their assets to secure a line of credit.
(83) The interest cost of the line of credit was based on the prime rate.
(84) I need to review the interest charges on my personal line of credit.
(85) My line of credit helped me cover the costs of moving to a new city.
(86) The bank required collateralised investments for the line of credit.
(87) The bank was willing to underwrite on demand for the line of credit.
(88) We were able to take out a line of credit to purchase our dream car.
(89) The lender forecloses on the homeowner's home equity line of credit.
(90) The credit interest on my line of credit is based on the prime rate.
Line Of Credit example sentence
(91) The bank provided an interest-free line of credit for entrepreneurs.
(92) The credit union may charge interest on the personal line of credit.
(93) The finance house helped me secure a line of credit for my business.
(94) The credit union will charge interest on the line of credit you open.
(95) The business line of credit offers a competitive fixed interest rate.
(96) Taking out a line of credit can be a helpful way to consolidate debt.
(97) The customer was warned not to overdraw against their line of credit.
(98) I decided to take out a line of credit to pay for my college tuition.
(99) He was grateful for the credit amount increase on his line of credit.
(100) The company used its assets as collateral to secure a line of credit.
Sentence with word line of credit
(101) Overdrawing against your line of credit can damage your credit score.
(102) The company had to hypothecate its assets to obtain a line of credit.
(103) The bank will notify of underwriting procedures for a line of credit.
(104) She financed her business expansion through a business line of credit.
(105) I'm thinking about taking out a line of credit to consolidate my debt.
(106) The business had to seek a line of credit to cover negative cash flow.
(107) You can pay off your home equity line of credit by selling your house.
(108) The annual interest rate on my home equity line of credit is variable.
(109) I applied for a line of credit to help finance my new business venture.
(110) I used my line of credit to purchase a new computer for my home office.
Sentence of line of credit
(111) The line of credit allowed me to take advantage of a limited-time sale.
(112) I relied on my line of credit to pay for my child's education expenses.
(113) My line of credit allowed me to purchase new equipment for my business.
(114) They are working overtime to pay down on their business line of credit.
(115) I need to take out a line of credit to finance my new business venture.
(116) The credit interest on my business line of credit is reviewed annually.
(117) The company's credit capital increased after securing a line of credit.
(118) The bank will notify of underwriting before approving a line of credit.
(119) The company was hypothecating its inventory to obtain a line of credit.
(120) I'm using my bonus to pay off the balance on my personal line of credit.
Line Of Credit used in a sentence
(121) The borrower used a collateralized portfolio to obtain a line of credit.
(122) The company's line of credit has a floating rate tied to the prime rate.
(123) I used my line of credit to invest in stocks and diversify my portfolio.
(124) The line of credit provided me with a safety net in case of emergencies.
(125) The line of credit helped me cover the costs of a major home renovation.
(126) She is making extra payments to pay down on her personal line of credit.
(127) The high-interest student line of credit helped me pay for my education.
(128) I'm thinking about taking out a line of credit to fund home renovations.
(129) The bank interest on my line of credit is adding to my monthly expenses.
(130) We refinanced our home equity line of credit to access additional funds.
Line Of Credit sentence in English
(131) I'm planning to take out a line of credit to invest in the stock market.
(132) Credit-worthiness is crucial for obtaining a line of credit from a bank.
(133) The bank offers a floating rate personal line of credit for emergencies.
(134) The bank offers a business line of credit with a floating interest rate.
(135) The bank offers a personal line of credit with a floating interest rate.
(136) The bank offers a low interest rate on their home equity line of credit.
(137) The business secured a line of credit to increase its operating capital.
(138) The amortizations on my line of credit are flexible and can be adjusted.
(139) My line of credit allowed me to expand my inventory and grow my business.
(140) The bank decided to underwrite on credit for the personal line of credit.
(141) We had to take out a line of credit to cover unexpected medical expenses.
(142) The bank will bond on behalf of the customer to provide a line of credit.
(143) The interest cost of a personal line of credit can be higher than a loan.
(144) The floating rate on the line of credit is tied to the bank's prime rate.
(145) I'm going to pay down on my line of credit to reduce my interest charges.
(146) The interest paid on my line of credit is variable and can change monthly.
(147) I need to negotiate the interest charges on my home equity line of credit.
(148) I used an interest-free line of credit to fund my home renovation project.
(149) The line of credit gave me the flexibility to make necessary home repairs.
(150) The line of credit provided me with the funds to pursue further education.
(151) She is making regular payments to pay down on her personal line of credit.
(152) Collateralizing the business's equipment can help secure a line of credit.
(153) I'm thinking about taking out a line of credit to fund my master's degree.
(154) I'm considering whether to transfer to overdraft or use my line of credit.
(155) The bank offers a service overdraft line of credit for eligible customers.
(156) The annual percentage rate for the home equity line of credit is variable.
(157) The credit rate on this line of credit is variable and can change monthly.
(158) I'm considering taking out a line of credit to invest in the stock market.
(159) The investor decided to hypothecate his stocks to secure a line of credit.
(160) The lien off the business allowed the owner to obtain a new line of credit.
(161) The bank offers a floating rate home equity line of credit for renovations.
(162) I'm considering taking out a line of credit to pay for my upcoming wedding.
(163) I'm considering taking out a line of credit to start a home-based business.
(164) Keeping in good credit ensures that you can easily obtain a line of credit.
(165) We were able to take out a line of credit to cover the cost of our wedding.
(166) We were able to take out a line of credit to cover unexpected home repairs.
(167) Taking out a line of credit can be a strategic move for business expansion.
(168) I'm considering taking out a line of credit to start my own small business.
(169) I'm planning to take out a line of credit to support my freelance business.
(170) The bank offers a home equity line of credit with a floating interest rate.
(171) The interest payable on the line of credit is determined by the prime rate.
(172) The interest period for this personal line of credit is renewable annually.
(173) The bank offers a floating rate business line of credit for working capital.
(174) They couldn't get a line of credit from the bank because they had no credit.
(175) Creditors assess your creditworthiness before granting you a line of credit.
(176) The high-interest personal line of credit provided flexibility in borrowing.
(177) The company decided to take out a line of credit to expand their operations.
(178) We decided to take out a line of credit to fund our home remodeling project.
(179) The line of credit has a floating interest rate that varies with the market.
(180) The company had to withdraw funds from their line of credit to meet payroll.
(181) I'm going to pay down my personal line of credit to improve my credit score.
(182) Despite the default on his loan, he was able to secure a new line of credit.
(183) The business was able to pay off its suppliers by means of a line of credit.
(184) I decided to take out a line of credit to cover unexpected medical expenses.
(185) The bank offers a line of credit that can be used as ready money when needed.
(186) The line of credit provided me with the funds to launch a marketing campaign.
(187) Taking out a line of credit can be a strategic move for expanding a business.
(188) I need to take out a line of credit to cover the cost of a major home repair.
(189) Commercial paper is often backed by the company's assets or a line of credit.
(190) We were able to take out a line of credit to upgrade our outdated technology.
(191) The withdrawable limit for this line of credit is based on your credit score.
(192) The business is seeking a line of credit to supplement its operating capital.
(193) The customer was upset when he discovered he had overdrew his line of credit.
(194) The credit rate for this personal line of credit is subject to annual review.
(195) You can pay off your home equity line of credit by refinancing your mortgage.
(196) The interest rate on my home equity line of credit is tied to the prime rate.
(197) We need to pay down our business line of credit, or we might risk bankruptcy.
(198) Despite defaulting on his loan, John was able to secure a new line of credit.
(199) The company decided to collateralize their assets to secure a line of credit.
(200) Commercial credit can be obtained through a line of credit or a business loan.
(201) I need to take out a line of credit to pay off high-interest credit card debt.
(202) I'm considering taking out a line of credit to expand my investment portfolio.
(203) The borrower had to provide personal collaterals to obtain the line of credit.
(204) The credit interest on my personal line of credit is based on my credit score.
(205) I couldn't get approved for a personal line of credit because I had no credit.
(206) The credit interest on my personal line of credit is subject to annual review.
(207) The bank charged off the line of credit after the borrower exceeded the limit.
(208) I need to transfer a balance from my mortgage to a home equity line of credit.
(209) The company advised me to take out a line of credit to expand my product line.
(210) The store offered me a preapproved line of credit to use for future purchases.
(211) The business owner was hypothecating his inventory to obtain a line of credit.
(212) The interest paid on my business line of credit is a necessary cost for growth.
(213) I'm determined to pay off the balance on my line of credit as soon as possible.
(214) We need to make a payment to reduce the interest payable on the line of credit.
(215) The repayments on the business line of credit are based on the amount utilized.
(216) They couldn't get a business line of credit because they had no credit history.
(217) I'm planning to take out a line of credit to cover unexpected medical expenses.
(218) It's important to compare different lenders before taking out a line of credit.
(219) I'm planning to take out a line of credit to fund my child's college education.
(220) The rate of interest on my personal line of credit is based on my credit score.
(221) I need to open a credit account to have a line of credit for business purposes.
(222) The interest charges on my business line of credit are based on the prime rate.
(223) The entrepreneur is seeking a line of credit to raise capital for his business.
(224) Overdrawing into your home equity line of credit can put your property at risk.
(225) The bank refused to extend my line of credit since I had no credit established.
(226) Let's pay down our home equity line of credit before the interest rate goes up.
(227) My friend suggested I take out a line of credit to pay for my upcoming wedding.
(228) The company secured a line of credit to provide capital for inventory purchases.
(229) The rate of interest on my home equity line of credit is tied to the prime rate.
(230) I'm considering taking out a line of credit to start a home improvement project.
(231) They were able to get a personal line of credit despite their credit being down.
(232) We should pay down our line of credit, or we might end up in a financial crisis.
(233) The bank offered flexible repayment options for their home-equity line of credit.
(234) The floating rate on my business line of credit is tied to the bank's prime rate.
(235) The bank filed a lien on the business property as collateral for a line of credit.
(236) The personal line of credit offers a fixed interest rate for the first six months.
(237) The high-interest business line of credit provided working capital for my company.
(238) Taking out a line of credit can provide flexibility in managing personal finances.
(239) The bank interest on my personal line of credit is making it difficult to pay off.
(240) The hypothec of a savings account can be used to secure a personal line of credit.
(241) The company used hypothecation to secure a line of credit for its expansion plans.
(242) Taking out a line of credit allowed us to purchase new equipment for our business.
(243) We decided to take out a line of credit to help with our child's college expenses.
(244) I have set up automatic payments to pay off towards my home equity line of credit.
(245) The bank confirmed my creditworthiness and granted me a home equity line of credit.
(246) I'm making extra payments to pay off the interest on my home equity line of credit.
(247) We decided to take out a line of credit to purchase inventory for our retail store.
(248) The frozen credit made it difficult for me to get a line of credit for my business.
(249) The high-interest rates on my personal line of credit are causing financial strain.
(250) The bank offered a line of credit to help the business increase its liquid capital.
(251) The credit rate for this business line of credit is based on the company's revenue.
(252) The interest cost of the personal line of credit is determined by the credit score.
(253) The amortizations on my business line of credit are based on the company's revenue.
(254) The bank approved my application to take out a line of credit for home renovations.
(255) The company is considering collateralizing their assets to secure a line of credit.
(256) The company's hypothecation of its inventory allowed it to obtain a line of credit.
(257) The bank will notify of underwriting before approving your personal line of credit.
(258) The bank will notify of underwriting before approving your business line of credit.
(259) The annual interest rate on my home equity line of credit is tied to the prime rate.
(260) The company is seeking a line of credit to meet its short-term capital requirements.
(261) Taking out a line of credit can provide a safety net during periods of unemployment.
(262) Taking out a line of credit allowed us to take advantage of a limited-time discount.
(263) The bank requires collateralizing the business assets to approve the line of credit.
(264) My financial advisor recommended I take out a line of credit to consolidate my debt.
(265) He's been working extra shifts to pay off the balance on his business line of credit.
(266) The high interest rate on my line of credit is making it difficult to manage my debt.
(267) The customer was shocked to find out they had overdrawn against their line of credit.
(268) The university offered me the option to take out a line of credit to pay for tuition.
(269) We're going to pay down our business line of credit to increase our available credit.
(270) The annual interest on my personal line of credit is charged only on the amount I use.
(271) The floating interest rate on my home equity line of credit is tied to the prime rate.
(272) It's important to have a good credit score when applying to take out a line of credit.
(273) Avoid overdraw into your home equity line of credit to maintain your property's value.
(274) Taking out a line of credit can help improve your credit score if managed responsibly.
(275) The creditworthy business owner was able to secure a line of credit for their company.
(276) The annual percentage rate for the business line of credit is based on the prime rate.
(277) The home equity line of credit has a variable interest rate that can change over time.
(278) I'm hesitant to take out a line of credit, but it may be necessary to fund my startup.
(279) The interest earned on my line of credit is calculated based on my outstanding balance.
(280) The creditworthy borrower was able to obtain a personal line of credit for emergencies.
(281) The bank's decision to provide a line of credit was based on the project's bankability.
(282) The interest payable on the line of credit is subject to change based on the prime rate.
(283) The financial institution confirmed my creditworthiness and granted me a line of credit.
(284) Taking out a line of credit can help improve your credit history if managed responsibly.
(285) The company decided to hypothecate its intellectual property to secure a line of credit.
(286) It is crucial to have a backup plan to avoid overdraw into your business line of credit.
(287) The credit interest on my line of credit is calculated based on the outstanding balance.
(288) The credit limit on my business line of credit allows me to manage cash flow effectively.
(289) The bank acceptance of the business line of credit allowed us to seize new opportunities.
(290) Apply for a home equity line of credit and receive credit up to 80% of your home's value.
(291) Paying off the interest on my business line of credit will free up more funds for growth.
(292) Make sure to pay the interest on your line of credit to keep it available for future use.
(293) The credit rate for this business line of credit is lower than the average interest rate.
(294) The company's capital surplus enabled it to secure a line of credit for future expansion.
(295) They refinanced their mortgage to pay off the balance on their home equity line of credit.
(296) The business had to secure a business line of credit to cover its operating capital needs.
(297) Taking out a line of credit can provide a safety net for unexpected financial emergencies.
(298) The bank required the small business owner to underwrite on credit for the line of credit.
(299) The company decided to hypothecate its machinery and equipment to secure a line of credit.
(300) I'm trying to minimize the accrued interest on my line of credit by paying it off quickly.
(301) Taking out a line of credit can help bridge the gap during a temporary cash flow shortage.
(302) The credit rate for this personal line of credit is higher than the average interest rate.
(303) The credit standing of the individual will be evaluated before extending a line of credit.
(304) The lender reviewed my credit status before approving my application for a line of credit.
(305) The interest payable on the line of credit is calculated based on the outstanding balance.
(306) Taking out a line of credit can provide a safety net during times of financial uncertainty.
(307) The usurious charges on the business line of credit made it unaffordable for many startups.
(308) The credit standing of the business was crucial in securing a line of credit from the bank.
(309) The personal line of credit has a variable interest rate that can be adjusted periodically.
(310) The business owner had to collateralize their inventory in order to obtain a line of credit.
(311) The line of credit helped me consolidate my high-interest debts into one manageable payment.
(312) Taking out a line of credit can be a useful tool for managing cash flow in a small business.
(313) The creditworthy business was able to secure a line of credit to fund their expansion plans.
(314) The customer was upset to find out they had overdrawn against their business line of credit.
(315) The merchant bank helped the client secure a line of credit for their working capital needs.
(316) The bank required a personal guarantee from the business owner to secure the line of credit.
(317) She is determined to earn down the balance on her line of credit to improve her credit score.
(318) The bank required a personal guarantee from the business owner to approve the line of credit.
(319) The annual percentage rate for the personal line of credit is based on the borrower's income.
(320) The homeowner had to spend down their line of credit to pay for home repairs and renovations.
(321) The home improvement project is causing our home equity line of credit to swell with expense.
(322) The credit union charged off the line of credit after the borrower exceeded the credit limit.
(323) The creditworthy individual was able to qualify for a personal line of credit for emergencies.
(324) The lender will evaluate the borrower's debt paying ability before extending a line of credit.
(325) We have a line of credit, but we are using it responsibly to avoid accumulating too much debt.
(326) The creditworthy borrower was able to obtain a personal line of credit for unexpected expenses.
(327) The creditworthy business was able to secure a business line of credit for inventory purchases.
(328) The homeowner had to spend down their home equity line of credit to pay off high-interest debt.
(329) If you need to borrow on your personal line of credit, make sure you have a plan for repayment.
(330) The business owner is using the profits to pay off the principal on the business line of credit.
(331) The financial institution offers a line of credit to help businesses access funds for expansion.
(332) The high interest rate on my personal line of credit is making it challenging to make ends meet.
(333) It's wise to carefully consider the terms and interest rates before taking out a line of credit.
(334) The interest period for this business line of credit is based on the company's creditworthiness.
(335) The non-recourse line of credit allowed the company to borrow funds without pledging any assets.
(336) I'm going to pay down on my home equity line of credit so I can access more funds in the future.
(337) The homeowner is considering whether to apply for a renewal of their home equity line of credit.
(338) The annual interest on my business line of credit is calculated based on the outstanding balance.
(339) The financial institution confirmed my creditworthiness and offered me a business line of credit.
(340) Taking out a line of credit can be a helpful tool for managing seasonal fluctuations in business.
(341) Overdrawing into your business line of credit can limit your ability to access funds when needed.
(342) The creditworthy business owner was able to secure a business line of credit for working capital.
(343) The homeowner had to spend down their personal line of credit to pay for unexpected home repairs.
(344) The average interest rate on a business line of credit can be higher than that of a business loan.
(345) The high interest rate on my personal line of credit is making it difficult to manage my finances.
(346) The borrower is making consistent payments to pay off the principal on the personal line of credit.
(347) The bank provided a line of credit against the commercial bill to support the company's operations.
(348) The usurious charges on the personal line of credit made it difficult for me to manage my finances.
(349) It's important to understand the terms and conditions before you borrow out of your line of credit.
(350) The credit rate for this business line of credit is lower for borrowers with a strong business plan.
(351) The company's financial health improved after securing a line of credit as additional money capital.
(352) The loan officer informed me that I needed to zero out the balance on my home equity line of credit.
(353) The credit guarantee helped the borrower secure a line of credit for their business expansion plans.
(354) The floating rate on the business line of credit is determined by adding a margin to the LIBOR rate.
(355) It's important to carefully consider the terms and interest rates before taking out a line of credit.
(356) The credit rate for this personal line of credit is higher for borrowers with limited credit history.
(357) It's important to have a clear plan for how you will use the funds before taking out a line of credit.
(358) The bank required hypothecation of the borrower's business assets before approving the line of credit.
(359) You can pay into a home equity line of credit to access funds for home improvements or other expenses.
(360) The company secured a line of credit to ensure it had enough operating capital to meet its obligations.
(361) The line of credit has a variable interest rate that can vary based on the borrower's creditworthiness.
(362) The average interest rate on a personal line of credit is typically higher than that of a personal loan.
(363) The goal is to amortize down the outstanding balance on the business line of credit within the next year.
(364) It's important to read the fine print and understand any fees associated with taking out a line of credit.
(365) It is advisable not to overdraw against your line of credit as it can negatively impact your credit score.
(366) I chose a variable interest rate on my personal line of credit to have flexibility in my borrowing options.
(367) The couple had to sell their car to pay off the withdrawal they made from their home equity line of credit.
(368) Paying off the interest rate on your business line of credit can help you manage your cash flow effectively.
(369) The entrepreneur secured a line of credit to serve as a backup source of business capital during lean times.
(370) The bank charged off the personal line of credit after the borrower failed to make payments for three months.
(371) The variable interest rate on my home equity line of credit allows me to borrow against the equity in my home.
(372) Make sure to pay the interest on your personal line of credit to maintain a good relationship with the lender.
(373) By paying off the interest rate on your personal line of credit, you can maintain a healthy financial standing.
(374) She plans to pay down her personal line of credit, and then she will start saving for a down payment on a condo.
(375) The borrower's failure to make regular payments caused them to fall into default on their personal line of credit.
(376) The non-recourse line of credit provided the company with a flexible borrowing option without requiring collateral.
(377) The bank provides a floating interest rate on their business line of credit to accommodate changing financial needs.
(378) Seniors who have a reverse mortgage can choose to receive the funds as a lump sum, line of credit, or monthly payments.
(379) The bank provides a floating interest rate on their home equity line of credit to accommodate changing financial needs.
(380) The line of credit has a variable interest rate that can change based on the borrower's utilization of the credit line.
(381) Export credit can be structured as a revolving line of credit, allowing businesses to finance multiple export transactions.
(382) The business line of credit has a variable interest rate that can be adjusted based on the borrower's financial performance.
(383) Paying down my home equity line of credit will give me more financial flexibility and peace of mind in case of an emergency.
(384) I have been researching different types of business loans, and I am considering a line of credit instead of a traditional loan.
(385) Allocating a portion of your income to pay off the interest rate on your home equity line of credit can provide you with financial flexibility.
Line Of Credit meaning
Line of credit is a financial term that refers to a type of loan that allows borrowers to access funds up to a certain limit. Unlike traditional loans, a line of credit is a revolving credit facility, which means that borrowers can draw funds as needed and only pay interest on the amount borrowed. If you are looking to use the phrase "line of credit" in a sentence, there are a few tips that can help you use it correctly and effectively.
1. Understand the meaning of the term Before using the phrase "line of credit" in a sentence, it is important to understand its meaning and how it works. A line of credit is a type of loan that allows borrowers to access funds up to a certain limit. It is a flexible form of borrowing that can be used for a variety of purposes, such as financing a business, paying for home renovations, or covering unexpected expenses.
2. Use it in context When using the phrase "line of credit" in a sentence, it is important to use it in context so that the reader or listener can understand what you are referring to.
For example, you could say "I applied for a line of credit to help finance my new business venture" or "I used my line of credit to pay for the repairs on my car."
3. Be clear and concise When using the phrase "line of credit" in a sentence, it is important to be clear and concise so that the reader or listener can understand your meaning. Avoid using overly complex language or jargon that may confuse the reader or listener. Instead, use simple and straightforward language that conveys your message clearly.
4. Use it in the right tense When using the phrase "line of credit" in a sentence, it is important to use it in the right tense.
For example, if you are referring to a line of credit that you have already obtained, you would use the past tense, such as "I used my line of credit to pay for my vacation." If you are referring to a line of credit that you are currently applying for, you would use the present tense, such as "I am applying for a line of credit to help finance my new business venture."
5. Use it in the right context When using the phrase "line of credit" in a sentence, it is important to use it in the right context.
For example, if you are discussing personal finance, you may use the phrase "line of credit" to refer to a personal line of credit that you have obtained from a bank or other financial institution. If you are discussing business finance, you may use the phrase "line of credit" to refer to a business line of credit that a company has obtained to finance its operations.
In conclusion, using the phrase "line of credit" in a sentence requires an understanding of its meaning and how it works, using it in context, being clear and concise, using it in the right tense, and using it in the right context. By following these tips, you can effectively use the phrase "line of credit" in your writing or conversation.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Line Of Credit. They do not represent the opinions of TranslateEN.com.