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There are two main types of revolving credit lines: secured and unsecured. There are two main types of revolving credit lines: secured and unsecured.
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Banks may also have more stringent eligibility requirements than other types of lenders, which could make it harder for some borrowers to qualify for a loan. Just be sure to do your research and compare offers from multiple lenders before you decide which one to use. Personalized service: Credit unions are known for their personal approach to banking, and this extends to their lending practices as well.