Let's look at an example to show how a line of credit in Blue Springs, Missouri works. In this example, the borrower is approved for a line of credit of $2,000. They have an irregular income so they don't need to take any money out in February. But in March, their income dips, so they reach into their line of credit and take out $600 for the month of March. The rest of the $1,400 is still available to them when they need it in another month. It is important to note that the borrower is not charged interest on the $2,000. They are only charged interest on what they take out. So in this example they are charged interest on the $600.