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Bank line

• Line of credit granted by a bank to a customer.

• Line of credit granted by a bank to a customer.

 
 Embedded terms in definition
 Credit
Line of credit
 
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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

A real friend is one who walks in when the rest of the world walks out. - Walter Winchell

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