What is a line of credit and how does it work

TheYukonProject.com provides information on the American financial system, financial services and products. Products advertised on TheYukonProject.com are offered by third party lenders, service providers, and other entities. TheYukonProject.com may receive compensation for referring you to a third party lender, service provider, and other entity. All services, including loan approvals, credit approvals, rates, terms, or other fees you may be offered are solely at the discretion of the third party with which you may apply. 

The content provided by TheYukonProject.com is for educational and informational purposes only and does not constitute financial or legal advice. It is not intended as a substitute for professional advice. TheYukonProject.com is not a lender or credit broker.  TheYukonProject.com is not acting as a credit counseling or repair service, debt consolidation service, or credit services organization in providing this content. TheYukonProject.com makes no representations about the reliability or suitability of the information provided – any action you take based on this content is at your own risk.

Any opinions, analyses, reviews or recommendations expressed here are those of TheYukonProject.com and are not provided by any financial institution.