Yousef has been approved for a type of revolving account where a lender uses a Yousef’s home as a guarantee that he’ll pay back the money he borrows. What do we call this type of revolving credit account? (1 point) Responses

Question

bank credit card bank credit card home equity line of credit home equity line of credit credit card issued by another entity credit card issued by another entity personal debit card

Answer 1

home equity line of credit