What is personal line of credit?

Some articles on personal line of credit, line of credit:

Australian Guarantee Corporation - Types of Products Offered - Personal Finance - Personal Line of Credit
... Provided a line of credit up to $15,000 ... motor vehicles, debt consolidation or use the line of credit for any other worthwhile purpose ... Cash advances were also available under this product allowing a borrower to take their line of credit up to their limit ...

Famous quotes containing the words credit, personal and/or line:

    Japanese mothers credit “effort” as the key determinant of a child’s achievement in school, while American mothers name “ability” as the more important factor.
    Perry Garfinkel (20th century)

    I am what is mine. Personality is the original personal property.
    Norman O. Brown (b. 1913)

    When I had mapped the pond ... I laid a rule on the map lengthwise, and then breadthwise, and found, to my surprise, that the line of greatest length intersected the line of greatest breadth exactly at the point of greatest depth.
    Henry David Thoreau (1817–1862)