Advised line of credit and committed line of credit - Credit Card Forum

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#1 (permalink)

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06-04-2008, 04:21 AM

iitb.mahesh iitb.mahesh is offline

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Advised line of credit and committed line of credit

Can some one explain 1)what is advised line of credit and 2)What is committed line of credit?
I am desparately waiting for your response.

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06-04-2008, 10:36 AM

Jeanie

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I hope this help you iitb.mahesh,

Committed line of credit is always available to the member, while the advised line of credit is available at the discretion of the lender at the time of the request.

~Jeanie

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