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2. Personal loan vs. personal line of credit: What’s the difference?

   www.aol.com/finance/personal-loan-vs-personal...

   Personal lines of credit are an unsecured revolving credit line, similar to a credit card. They have variable rates, which are usually pegged to the prime rate. Unlike a personal loan, lines of ...

3. Line of credit - Wikipedia

   en.wikipedia.org/wiki/Line_of_credit

   Most personal lines of credit are unsecured. This means the borrower does not promise the lender any collateral for taking an unsecured line of credit. One exception is home equity lines of credit (HELOC), which are secured by the equity in homes. [1] Secured lines of credit offer the lender the right to seize the asset in case of non-payment.

4. Personal loans vs. credit cards: Which is better for you? - AOL

   www.aol.com/finance/personal-loans-vs-credit...

   A credit card is a revolving line of credit, meaning you can repeatedly borrow funds up to a predetermined threshold called your credit limit. Because of this, a credit card is typically best for ...

5. 8 types of personal loans and their uses — plus 5 to avoid

   www.aol.com/finance/types-personal-loans-uses...

   Personal lines of credit typically have variable rates and can be secured by a banking asset, but you may be able to find unsecured options with online lenders or smaller banks. Lightbulb Who it's ...

6. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   A home equity line of credit, or HELOC (/ˈhiːˌlɒk/ HEE-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's property (akin to a second mortgage).

7. Signature line of credit - Wikipedia

   en.wikipedia.org/wiki/Signature_line_of_credit

   A signature line of credit is a revolving line of credit that is not backed by collateral; i.e., the sole criterion for the decision to grant the loan and establish the terms thereof is an assessment of the customer's credit rating. Also known as an unsecured line of credit.