Definitions
There is 1 meaning of the phrase
Equity Credit Line.
Equity Credit Line - as a noun
A loan secured by equity value in the borrower's home
Synonyms (Exact Relations)
home equity credithome equity loanhome loanExample Sentences
"She used her equity credit line to pay for the home renovations."
"The bank approved his application for an equity credit line."
"They were able to consolidate their debts with an equity credit line."
"The equity credit line had a high interest rate, so she decided against it."
"He tapped into his equity credit line to finance his daughter's education."
