Offer your thoughts or opinion on the input financial query or topic using your financial background.

When should I open a “Line of credit” at my bank?
A line of credit is a poor substitute for an emergency fund.   Banks typically have a clause that allows them to stop further withdrawals from your line of credit if there is a change of vaguely defined type.   For example, if you lose your job they can stop you from making withdrawals from your line-of-credit.