No. of Recommendations: 0
I would recommend opening a line of credit.

While employed, you qualify. If you lose a job and run through your emergency fund, then it would be available. Not saying you will ever need it, but it is good to have it.

It does show up as "available credit" and some future cc companies might not want to issue you cards because they think you have enough credit already. Heck, they are probably right. I wouldn't let that stop you from opening a HELOC.

Of course, the usual cavet ... don't give in to temptation and spend the HELOC just because it is there.

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