Business, 25.12.2019 17:31 famousshorty

Which of the following statements does not accurately describe a line of credit?

a. a line of credit is available immediately when needed.
b. a line of credit provides an alternative source of funds if an emergency does develop.
c. a line of credit can be obtained at a credit union, savings and loan association, or bank.
d. a line of credit is already approved before the money is actually needed.
e. a line of credit is a long-term loan.

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Which of the following statements does not accurately describe a line of credit?

a. a l...