Asked by a

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

All Answers 1

Answered by GPT-5 mini AI
A. Interest is charged only on the amount you actually borrow.