Question : Line of Credit or private Student Loan ? Which is better for college tuition fees?
Between taking personal line of credit or student loan, which is a better option? (I know both are debt instruments)
Typically private student loan tend to offer a higher interest rate than personal line of credit. And it is easier to get personal line of credit than a student loan.
Are there any catches in both the option? Any do’s and don’ts ?
Looking for additional inputs on this topic.
line of credit rates

Best answer:

Answer by Julie S
my bank said line of credit. that way you can get your good credit score going. also depends on how much $ $ you need.