Personal Lines of Credit

Content Types

Related Topics

SuperMoney Quote Engines

Apply & Pre-Qualify

Get Competing Offers

Compare real offers from multiple lenders.

Get Personalized Rates

Encyclopedia Articles

Discover the definition of financial terms related to personal lines of credit.

What Is a Line of Credit? Types, Rates, and How to Use One

Andrew Latham

Revolving Credit Explained: How It Works, Types, and Examples

SuperMoney Team

Learn About Personal Lines of Credit

How To Settle Credit Card Debt When a Lawsuit Has Been Filed

David Hodges

Best Personal Lines of Credit in 2026

Sarah Cain

Personal Loan Vs. Line Of Credit: Which Is Better?

Audrey Henderson

Home Equity Loan vs Personal Line of Credit: Which Fits Your Needs?

Andrew Latham

Line of Credit vs. Letter of Credit: What’s the Difference?

Erin Gobler

How Much Does It Cost to Get a BBL in 2024?

Silas Bamigbola

How Many Loans Can You Have With Upgrade?

SuperMoney Team

Line Of Credit vs. Credit Card: Which is Better?

Jamela Adam

Does PayPal Credit Affect Your Credit Score?

Taylor Marks

How Many Personal Loans Can You Have at Once?

Lacey Stark

About Personal Lines of Credit

A personal line of credit is a type of loan that allows the borrower to access funds on an ongoing basis, up to a predetermined limit. Personal lines of credit are typically unsecured, meaning they are not backed by collateral, and they may have a variable interest rate. The borrower can access the funds in their line of credit by writing a check, making a withdrawal from an ATM, or using an online banking platform. Personal lines of credit can be useful for managing unexpected expenses, such as medical bills or home repairs, or for consolidating high-interest debt. The terms and fees of a personal line of credit will vary depending on the lender and the borrower's creditworthiness. It is important to carefully compare the terms of different personal lines of credit before choosing one.