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How Do Lines of Credit Work?. Part of the series: Credit Information & Tips. Lines of credit are agreements made with the bank to loan out a predetermined amount of money on demand, which can be set up in advance before purchasing a car or home. Open up a line of credit with the bank in preparation for large purchases with information from a financial manager and currency trader in this free video on finance. Read more: http://www.ehow.com/video_4754977_lines-credit-work.html
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