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A line of credit is unsecured personal credit, like a credit card. The difference is in how it is used and repaid.
Credit cards are issued to borrowers of varying credit risks and rates. Available credit is typically a few thousand dollars. Lines of credit are issued to a bank's best credit customers, and can be for sizable sums of lending power.
Credit cards are usable for retail purchases, while lines of credit are used for more formal transactions, such as buying an asset at auction, like a classic car or real estate at foreclosure.
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A line of credit is for the bank's best customers. They will require collateral, even a personal guarantee.
Line of credit is dependent on a credit rating, which must be very good to excellent. Credit cards do not limit themselves to the very best customers.