Latest articles from Financial Help with credit counseling,Low Interest Rate Credit Card,and Credit Card Apply (http://www.financial-helps.com) http://www.financial-helps.com 2009-01-07T23:44:14+01:00 text/html 2008-04-06T16:54:12+01:00 http://www.financial-helps.com http://www.financial-helps.com/how-do-i-establish-a207.html A line of credit, roughly defined, is the amount of credit that can be given to a borrower from a lender. Usually a contract or note of promissory is exchanged between the two parties, in which both parties agree to the line of credit amount, as well as the annual interest due to the lender at the end of the term.