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29 October, 06:30

How is a line of credit similar to a credit card?

A.

Interest is charged only on the amount you actually borrow.

B.

The interest rates are the same.

C.

They both require co-signers.

D.

Lenders don't check your credit score.

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Answers (1)
  1. 29 October, 07:35
    0
    The answer for the question that is being asked and shown above is that: "a. Interest is charged only on the amount you actually borrow." a line of credit similar to a credit card is that a. Interest is charged only on the amount you actually borrow.
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