Personal lines of credit: The Basic Principles. In regards time and energy to borrow cash, options abound. People can head to a bank for a normal fixed- or loan that is variable-rate look to pawnshops or payday loan providers (though neither is a great idea independent of the direst of circumstances), utilize charge cards, borrow from friends or family members, and on occasion even move to the internet and specialized peer-to-peer or social financing or contribution internet sites. One of several lesser-known and options that are lesser-used a personal credit line. […]