Business Lines of Credit Action Steps
Congratulations on completing business lines of credit! As soon as you’ve finished watching all of the training videos in full please complete the action items below.
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Question 1 of 4
1. Question
1. True or False. The primary difference is that a line of credit lets you borrow money against a revolving credit line (rather than the lump sum you’d get with a loan), while a credit card allows you to make purchases that you then pay back.
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Question 2 of 4
2. Question
2. True or False. Line of credit does not affect your credit score.
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Question 3 of 4
3. Question
3. True or False. Lenders will never run a personal credit check when obtaining a line of credit.
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Question 4 of 4
4. Question
4. Which lender is best for bad credit?
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