1.A line of credit offers
access to significant sums of money, when you need money. While this
isn't something you may take advantage of right away, approval means you
have options down the road if an opportunity for a large purchase, or
an unexpected major expense, comes your way.
2.A line of credit at your
bank offers several advantages, can be
opened for a long amount of time, to give you a chance to use it, and
pay on it, responsibly.
3.It also cushions you against unexpected expenses
-- especially if they're large expenses.
4.The flexibility of this credit option is part of what makes it an attractive financial option for many people.