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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. Please select the best answer from the choices provided A B C D

Respuesta :

A line of credit similar to a credit card because interest is charged only on the amount you actually borrow.

The correct option is  A. Interest is charged only on the amount you actually borrow.

The following information should be considered:

  • The line of credit should be same for the credit card when the interest is charged only with the amount that actually borrowed.
  • Therefore, the first option is correct.

Learn more: https://brainly.com/question/18269454?referrer=searchResults

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