Economy, asked by sathi385, 7 months ago

difference between credit and loan.​

Answers

Answered by Anonymous
2

Explanation:

The main difference between a loan and a line of credit is how you get the money and how and what you repay. A loan is a lump sum of money that is repaid over a fixed term, whereas a line of credit is a revolving account that let borrowers draw, repay and redraw from available funds

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Answered by sanjaypandey056
8

Answer:

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