How to Use line of credit in a Sentence

line of credit

noun phrase

• And the average on a home equity line of credit is 8.48%.
  — Jeanne Sahadi, CNN, 14 June 2023
• And the average on a home equity line of credit is 8.58%.
  — Jeanne Sahadi, CNN, 26 July 2023
• No reason was given and his line of credit also was shut down.
  — Laurence Darmiento, Los Angeles Times, 27 Nov. 2023
• There currently is about a $6.6 million balance on the line of credit, Minick said.
  — Steve Lord, Chicago Tribune, 17 July 2023
• Wang said that Alameda also had a $65 billion line of credit.
  — Barnini Chakraborty, Washington Examiner, 2 Nov. 2023
• At the time, the outlet noted the filmmaker had sold some of his wineries in order to establish a line of credit to pay for the movie.
  — Tommy McArdle, Peoplemag, 20 May 2024
• Closing a line of credit reduces the average age of all your accounts.
  — Elizabeth Rivelli, Car and Driver, 19 July 2023
• My credit union is offering a home equity line of credit with a rate of 3%.
  — Liz Weston, oregonlive, 3 Sep. 2023
• This could impact your ability to borrow on your line of credit.
  — Ryan Weissmueller, Forbes, 4 May 2023
• For those with a home equity line of credit, consider locking in a lower rate on all of a portion of your balance.
  — Becca Stanek, theweek, 7 May 2024
• The company was issued a $2 million line of credit that renews every Dec. 31.
  — Rachel Siegel, Washington Post, 2 May 2023
• The line of credit didn’t start that big — Wang testified that Bankman-Fried had asked him to increase it a few times because Alameda kept running into its limits.
  — Elizabeth Lopatto, The Verge, 6 Oct. 2023
• The company also has an untapped $3.5 billion line of credit.
  — Todd Spangler, Variety, 9 July 2024
• Over time, the line of credit extended to Alameda grew from $1 million to $1 billion to, finally, $65 billion.
  — Condé Nast, WIRED, 10 Oct. 2023
• Homeowners with variable-rate loans, such as a home equity line of credit or adjustable-rate mortgage, could also be in for a shock.
  — Tanza Loudenback, wsj.com, 1 Nov. 2023
• The complaint outlines instances where Santos allegedly used false bank statements to inflate the assets of his business to close deals or open a line of credit.
  — Natallie Rocha, San Diego Union-Tribune, 22 Nov. 2023
• His company, which makes robotic lawn mowers, had a line of credit and most of its cash with the bank, but the worry at that point was mostly theoretical.
  — Saritha Rai, Fortune, 30 Mar. 2023
• Harvard currently holds short-term investments of $1.4 billion, as well as a $1.5 billion line of credit.
  — Janet Lorin, Fortune, 21 Dec. 2023
• Ellison said that Alameda had access to an unlimited line of credit on the exchange and that the fund withdrew about $14 billion before the collapse of FTX, but paid some of it back.
  — James Fanelli, WSJ, 10 Oct. 2023
• Other companies who received a line of credit were allowed amounts in the double-digit millions only.
  — Condé Nast, WIRED, 10 Oct. 2023
• Yes, there are options of getting a home equity line of credit for emergencies, but that usually comes with a variable interest rate that can be costly when rates are high.
  — Orlando Sentinel, 6 Apr. 2023
• Any recovery of embezzled funds and additional fundraising would reduce that line of credit, the release said.
  — Violet Ikonomova, Detroit Free Press, 24 June 2024
• Advertisement Spooked by the volatility in rupee-ruble exchange rate, the south Asian power’s largest defence supplier has even stopped a $10 billion line of credit for spare parts.
  — Mimansa Verma, Quartz, 26 Apr. 2023
• Alameda had a $65 billion line of credit to use as collateral when placing bets — a figure that is orders of magnitude larger than the credit that FTX would give to other large investors.
  — Allison Morrow, CNN, 5 Oct. 2023
• The company denied all of Fuller’s claims — which led to his lending institution dropping his operating line of credit.
  — Tribune News Service, The Mercury News, 30 July 2024
• However, qualifying for a line of credit may require a strong credit history and a proven track record of successful Amazon sales.
  — Jon Stojan, USA TODAY, 14 July 2023
• Vong was ordered to surrender his passport, not open a new bank account or line of credit and undergo mental health treatment upon being released Thursday.
  — Dana Munro, Baltimore Sun, 17 May 2024
• Unlike an ‘unsecured’ credit card – which is just a normal credit card - a secured credit card requires a security deposit that becomes the user’s line of credit.
  — Amy Wagner and Steve Sprovach, The Enquirer, 8 June 2023
• Santos allegedly falsified Ethos’ balance sheets and real financial account statements to obtain a $14.8 million line of credit from a bank.
  — Natallie Rocha, San Diego Union-Tribune, 22 Nov. 2023
• He is accused of using the funds from this line of credit, which eventually totaled $5 million, to infuse monies into the conservancy's bank accounts to help cover up his embezzlement.
  — Christina Hall, Detroit Free Press, 26 Sep. 2024

Last Updated: 19 Nov 2024