Establishing a credit line

Accounting
Tutor: None Selected Time limit: 1 Day

Discuss the advantages of establishing a line of credit.

Dec 16th, 2014

Advantages of establishing a line of credit.

1.A line of credit offers access to significant sums of money, when you need money. While this isn't something you may take advantage of right away, approval means you have options down the road if an opportunity for a large purchase, or an unexpected major expense, comes your way.

2.A line of credit at your bank offers several advantages, can be opened for a long amount of time, to give you a chance to use it, and pay on it, responsibly.

3.It also cushions you against unexpected expenses -- especially if they're large expenses.

4.The flexibility of this credit option is part of what makes it an attractive financial option for many people.








Dec 16th, 2014

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Dec 16th, 2014
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Dec 16th, 2014
Dec 9th, 2016
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