Closed-End Line of Credit Definition

A closed-end line of credit allows borrowers to take out money over a specified period of time, after which it must be repaid in full.

Chapter  Open-ended credit – An agreement to lend the borrower an amount up to a stated limit and to allow borrowing up to that limit again, whenever. - ppt download

What Is Closed-End Credit? - MoneyTips

Unsecured Loans: Borrowing Without Collateral

Closed-End Line of Credit Definition

Credit Basics. Open- vs Closed-Ended Credit Open-ended credit is ongoing … you borrow, you repay, you borrow again as long as you do not exceed your credit. - ppt download

What Is Closed-End Credit?

Closed-End Credit vs. an Open-End Line of Credit: What's the Difference?

Definition: Closed-End Credit is Defined as Credit that Must be Repaid in… – AdvisoryHQ

Revolving Line Of Credit

Closed-End Credit: What It Is and How It Works

How a Line of Credit Works

HUD-1 Settlement Statement - Wikipedia