09112020 time a financial standing together with a dash of financial standing or financial standing dashs allows an individual or a business to borrow money to meet certain expenses the two terms are quite different Among the shared similarities between those two terms is that the approval for either will depend on the borrowers financial history together with
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Loans are nonrevolving onetime lump sums of credit that a borrower normally uses for a specific purpose Lines of credit are revolving credit lines that can be used repeatedly for everyday
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While a loan and a line of credit or credit lines allows an individual or a business to borrow money to meet certain Among the shared similarities between those two terms is that the approval for either will depend on the borrowers financial history and credit rating
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