Question

How is a line of credit simmilar to a credit card​

Answer 1

Answer:

With a regular loan, you're issued a certain amount of money, and charged interest on that amount until you repay the loan in full. A line of credit however, provides you with a credit limit (similar to a credit card) that you can borrow from, while only paying interest on the amount you use.

Explanation:

well basically the answer is also the explanation