What is the speaker mainly describing?

In going over your finances, one of the things I’ve noticed is, you have a lot of equity in your home—your home is worth quite a bit of money. Instead of taking out credit cards or finding some other loan to pay your daughter’s education expenses, you should consider getting a home equity line of credit. What that means, basically, is that, instead of a loan, you get a credit card that’s approved up to a certain amount. You use that card if and when you need it—five hundred dollars here, a thousand dollars there. You don’t need to borrow all the money all at once— which then puts you on track to make payments and that sort of thing. If you don’t use your line of credit, you owe nothing. But it’s there when you need it. And because of your house, you’re a perfect candidate for a home equity line of credit—I think you’ll like it a lot more than a loan.