luottolimiittiratkaisut
Luottolimiittiratkaisut, commonly referred to as credit limit solutions, are a financial product that allows individuals or businesses to borrow money up to a pre-approved limit. This type of financing differs from a traditional loan, where a fixed sum is borrowed and repaid over a set period. Instead, a credit limit functions like a revolving line of credit. Borrowers can draw funds as needed up to the established limit and only pay interest on the amount they have actually borrowed.
When a portion of the credit limit is repaid, that amount becomes available again for borrowing. This
These solutions are offered by banks, credit unions, and various financial institutions. They can be secured,