Posted on: 04th Jul, 2010 04:42 pm
Can you just have a line of credit and not use it unless needed and if you don't use it what is the expense to having it?
Hi louise,
Your query is not clear to me. If you do not use the line of credit, then it doesn't make sense to take it out. The line of credit will remain as a lien on your property.
Thanks,
Jerry
Your query is not clear to me. If you do not use the line of credit, then it doesn't make sense to take it out. The line of credit will remain as a lien on your property.
Thanks,
Jerry