Which feature directly allows borrowing beyond paid-off principal by drawing against equity?

Which feature directly allows borrowing beyond paid-off principal by drawing against equity?

• A. A line of credit fixes the monthly payment for the term.
• B. A line of credit allows borrowing up to a limit as needed and repaying flexibly.
• C. A line of credit is only for investment properties.
• D. A line of credit increases automatically without limits.

Answer: (B)