This is a detailed explanation of what lines of credit are and how they can be used by individuals and by businesses. It also explains the potential problems with using lines of credit.

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debt.org: what are lines of credit and how do they work?, business line of credit, home equity line of credit, line of credit, personal line of credit, secured line of credit, unsecured line of credit

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Classroom Considerations

Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)

View 50,717 other resources for 9th - 10th Grade Cultural & Social Studies