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24 October, 17:52

What is an unsecured line of credit?

a.

A line of credit which does not require collateral.

b.

A line of credit with a variable interest rate.

c.

A line of credit offered by an institution other than a bank, such as a department store.

d.

A line of credit offered to an individual with no credit history.

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Answers (2)
  1. 24 October, 20:36
    0
    D no credit history
  2. 24 October, 20:54
    0
    Hello there.

    What is an unsecured line of credit?

    Answer: unsecured line of credit - A line of credit offered to an individual with no credit history.

    Option D.
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