line of credit

Traders like Badaba Ibrahim, who is from the Nuba Mountains in Sudan, are no longer able to extend lines of credit to fellow refugees.

Kachuck’s line of credit is tapped out and he’s had to draw hundreds of thousands of dollars from his retirement account to keep the business afloat.

A home equity loan or home equity line of credit might be options if the couple have good credit, sufficient income to make the payments and a cooperative lender.

To quantify debt resources, note the credit limits on any credit cards or lines of credit you already have open, less the balance.

The Consumer Financial Protection Bureau announced the rule in December, estimating it would save consumers $5 billion a year and give them more transparent and safer lines of credit.