asked 118k views
1 vote
How is a line of credit similar to a credit card? A. Interest is charged only on the amount you actually borrow. B. The interest rates are the same. C. They both require co-signers. D. Lenders don't check your credit score. Please select the best answer from the choices provided A B C D

asked
User Kalyn
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8.0k points

2 Answers

4 votes
A line of credit similar to a credit card because interest is charged only on the amount you actually borrow.
answered
User AkashG
by
7.9k points
5 votes
A) Interest is charged only on the amount you actually borrow.
answered
User The Dumb Radish
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7.9k points
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