credit line interest rate vs interest rate of credit line

Both phrases are correct, but they are used in different contexts. 'Credit line interest rate' is commonly used when referring to the interest rate associated with a credit line, while 'interest rate of credit line' is less common but still grammatically correct. The choice between the two depends on the emphasis you want to place in your sentence.

Last updated: March 26, 2024 • 574 views

This phrase is correct and commonly used when referring to the interest rate associated with a credit line.

"credit line interest rate"

This phrase is used to describe the interest rate that applies to a credit line, indicating the cost of borrowing money through that specific line of credit.

Examples:

The credit line interest rate is 12%.
Make sure you understand the credit line interest rate before borrowing.
Comparing credit line interest rates can help you find the best deal.

Show examples from the web [+]

It points out that the prudent investor test is not satisfied as regards the arrangements for providing the credit line inter alia because of the interest rate proposed and the amount of the commitment fee.
Only outstanding amounts, i.e. amounts withdrawn and not yet repaid in the context of a credit line are covered as new business and reflected in the MFI interest rate statistics in accordance with paragraph 17.
Whether it intends to launch immediately a study to verify how much of the ECB received by Italian banks at a subsidised interest rate has been actually used to guarantee credit lines to companies and families? 2.
The aforementioned lower competitiveness of the Lithuanian agricultural sector compared to the agricultural sector in EU-15 is compounded by difficulties in access to financial resources and high interest rates applied to commercial credit lines for the acquisition of agricultural land (more than 10 % in 2009).
In line with paragraph 6, only that part of the interest payment offered by the credit or other institution shall be captured in MFI interest rate statistics.
In line with paragraph 6, only that part of the interest payment offered by the credit or other institution is captured in MFI interest rate statistics.
It also shows that the interest rates charged by the credit institutions involved are in line with rates enjoyed during the same period by companies of comparable size and turnover in other sectors of the economy [58].
The instrument is also in line with market conditions under the 2008 communication, as the IBG Fund assesses the credit risks of each enterprise, including the level of subordination and collateralisation, and applies risk-adjusted interest rates.
Interest rate policies were implemented accordingly.
Usinor Belgium will contribute to Carsid's credit requirements with a loan of [...] and a credit line of the same amount, bearing interest at an annual rate of [...].
For interest rates, BayernLB's projections start from the current very low interest rate environment.
The issue is the business credit line.
For the purpose of MFI interest rate statistics, loans taken as part of 'lines of credit' have the same meaning as defined in and are classified as in Regulation (EC) No 25/2009 (ECB/2008/32).
Even infinite interest rates can be used.
Mr Rosati also asked about interest rates.
Article 16 Interest rate swaps 1.
Article 15 Interest rate futures 1.
An adjustment of interest rates was therefore warranted.
Amendments to basic and reference interest rates.
Furthermore, official interest rates were reduced in all four countries.

Alternatives:

interest rate on a credit line
interest rate for a credit line
credit line's interest rate
interest rate for the credit line
interest rate associated with a credit line

This phrase is grammatically correct but less commonly used than 'credit line interest rate'.

"interest rate of credit line"

This phrase can also be used to describe the interest rate associated with a credit line, but it is less common in everyday language.

Examples:

The interest rate of the credit line is competitive.
Understanding the interest rate of the credit line is important.
Comparing the interest rates of credit lines can help you save money.

Show examples from the web [+]

The aforementioned lower competitiveness of the Lithuanian agricultural sector compared to the agricultural sector in EU-15 is compounded by difficulties in access to financial resources and high interest rates applied to commercial credit lines for the acquisition of agricultural land (more than 10 % in 2009).
It points out that the prudent investor test is not satisfied as regards the arrangements for providing the credit line inter alia because of the interest rate proposed and the amount of the commitment fee.
Only outstanding amounts, i.e. amounts withdrawn and not yet repaid in the context of a credit line are covered as new business and reflected in the MFI interest rate statistics in accordance with paragraph 17.
Whether it intends to launch immediately a study to verify how much of the ECB received by Italian banks at a subsidised interest rate has been actually used to guarantee credit lines to companies and families? 2.
One exporting producer claimed that the provision of credit lines is not a specific subsidy.
Director of Credit Lines Beogradska Bank',
Furthermore, changes in official interest rates may also affect the supply of credit.
The reporting population for the interest rate statistics consists almost exclusively of credit institutions.
This obligation shall not apply where national legislation requires the indication of the annual percentage rate of charge in advertising concerning credit agreements which does not indicate an interest rate or any figures relating to the cost of credit to the consumer.
This operation at a fixed interest rate of 1 % is expected to strengthen further the liquidity position of banks and to support the normalisation of money markets and the extension of credit to the economy alongside the other measures of enhanced credit support.
The rate of credit interest shall be the interest rate applied by the European Central Bank to its most recent main refinancing operation carried out before the first calendar day of the half-year in question (the reference rate), plus one percentage point.
We will lend the Republic at our standard interest rate of... 25%.
We have introduced a higher late payment interest rate of 8%.
The index provides the interest rates of mostly triple-A rated German bank debenture.
The interest rate of the loan is EURIBOR 3 months plus 0,3 %.
This led to total interest rate of 62,70 %.
This led to a total interest rate of 63,89 %.
This led to a total interest rate of 48,22 %.
2,30 - 0,18 (the interest rate of the A Term Loan).
These loans carried an interest rate of MIBOR plus 8 points.

Alternatives:

credit line's interest rate
interest rate for the credit line
interest rate associated with a credit line
interest rate on a credit line
interest rate for a credit line

How TextRanch works

Fast and reliable proofreading, editing, and language advice tailored to your needs.

1. Choose Your Service

Quick Text Editing

Emails and short texts
Proofreading & editing
Ready in 5-10 minutes

SUBMIT YOUR TEXT NOW

Document Editing

Documents of any type (*.docx)
Advanced & Premium editing
Ready in as little as 4 hours

UPLOAD YOUR DOCUMENT

Ask an Editor

Personalized answers to your language questions
Expert guidance on grammar, style, and usage
Ready in 24 hours

ASK YOUR QUESTION

Upload your document or paste your text directly into our platform. Your text is reviewed and refined by our expert editors (real people, not machines) who understand the nuances of English. Expect corrections, improvements, and insightful suggestions that enhance the clarity, tone, and professionalism of your writing.

3. Receive Your Polished Text

In just a few minutes (or hours for longer documents), you'll receive your corrected text. Review the changes, make any final adjustments, and confidently share your polished English with the world.
You can count on a personalized, friendly service every time you use TextRanch. We're committed to helping you make a great impression with every word you write.

We proofread and edit these types of texts and documents:

Short texts Business Emails Personal Emails Social media posts Resume and Curriculum Vitae Business documents Sales proposal Research and academic papers Thesis Dissertation Essays Articles Blog posts and much more....

Our Customers Love Us!

We have an average rating of 4.79 stars based on 283125 votes, and

4.9 Excellent - Reviews 2.137

"7 years without any disappointment. Always 100% satisfied. You guys are the best in the world at what you do. Thank you so much :)"

Zubair
from Bangladesh

"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"

Arturo
from Mexico

"In a world of text messages and online communication, this is great to have as a live tool. Thank you."

Selena
from USA

"Wow, it's just so excellent. I never would have believed I could have a sure and excellent English companion. Thanks, TextRanch."

Ifiok
from Nigeria

"This is my first time using TextRanch, and I like how the editors take time to correct my text. To everyone who has never used TextRanch before, I highly recommend trying it."

Wilson
from France

"It is an amazing source of feedback because, as a non-native speaker, I really need to have a reliable helper correct my text."

Susan
from Germany

credit line interest rate vs interest rate of credit line