BMO | Loan vs. Line of Credit: What’s the Difference?

Loan or line of credit - which is the better option for you when you need to borrow money? This video outlines the basic differences between the two, such as how you get the money, how you pay it back and what you can use it for. Visit bmo.com/loans to learn more about loans and lines and credit. There’s also a Help Me Choose tool so you can find out which one is best for your borrowing needs.