A personal line of credit is the perfect loan choice when you want the ability to borrow money over time. A personal line of credit gives you a two year period to take advances whenever you need them! This loan works great for ongoing home projects or as an emergency backup for whatever life may throw your way. No collateral is necessary, you can take advances whenever you need them and for whatever you need. Plus, your monthly payments are affordable since you only pay based upon what you borrow and payments are based on a 5 year payback period.