Line of Credit (LOC) | Definition, How It Works, & How To Get One
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Line of Credit (LOC) | Definition, How It Works, & How To Get One
Find out what a line of credit is and how it can work for you. Learn about the types of LOCs, the advantages and disadvantages, and how you can get one.
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Confused about the difference between a loan and a line of credit? We’re here to help. A loan provides a lump sum of money with fixed payments, while a line of credit lets you borrow as needed and pay interest only on what you use. To learn more about the difference and how it works, visit https://bit.ly/40Lf6iv. | KeyBank
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Confused about the difference between a loan and a line of credit? We’re here to help. A loan provides a lump sum of money with fixed payments, while a line of credit lets you borrow as needed and pay interest only on what you use. To learn more about the difference and how it works, visit https://bit.ly/40Lf6iv. | KeyBank
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