What Is a Line of Credit?
Installment Loans Vs. Line of Credit When it comes to borrowing money, there are a few different options available to you. Two of the most common are installment loans and lines of credit. Both have their pros and cons, so which one is right for you? Installment loans are loans in which you borrow a specific sum of money and agree to pay it back in fixed monthly installments. These loans are...
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