Kredittlinjer
Kredittlinjer, or credit lines, are pre-approved borrowing limits granted by financial institutions to individuals or businesses. They provide a flexible form of credit that allows the borrower to access funds up to a specified maximum amount at any time during the agreed period. Unlike traditional loans, where a lump sum is disbursed upfront, credit lines enable borrowers to draw and repay repeatedly within the credit limit, offering financial flexibility.
In personal finance, credit lines are commonly offered as overdraft facilities on bank accounts or as credit
The terms of a credit line typically include the maximum credit limit, interest rates on drawn amounts,
Kredittlinjer are important financial tools for managing liquidity and smoothing out cash flow irregularities. They are
Overall, kredittlinjer are versatile financial instruments that support both personal and corporate financial management by providing