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Definitions from WordNet

Definitions from the Web

1. Noun - Financial Sense:

A personal credit line refers to a predetermined amount of credit that a financial institution extends to an individual which can be borrowed against for personal expenses or purchases.

Sample Sentence: He utilized his personal credit line to finance his dream vacation.

2. Noun - Banking Sense:

In the banking context, a personal credit line represents an arrangement where account holders can access funds up to a certain limit, enabling them to manage their short-term cash flow requirements.

Sample Sentence: Having a personal credit line with a reputable bank offers flexibility and convenience when it comes to handling unexpected expenses.

3. Noun - Reputation Sense:

Personal credit line may also refer to a person's financial reputation based on their history of borrowing and repaying debts, affecting their ability to obtain credit from lenders.

Sample Sentence: Having a good personal credit line increases your chances of securing favorable loan terms from banks.

Related products:

• Books about Personal Credit Lines
• Credit Cards for Personal Credit Line
• Personal Credit Line Management Tools