Do not rely on credit as an emergency fund. Everyone's personal financial plan should include a goal of having at least six months' worth of living expenses saved in a liquid emergency fund such as an online savings account. If you find yourself in desperate need of credit in this current market, and you have a poor credit score or no credit at all, you may find it quite difficult to get what you want. However, if you already have an easily accessible reserve of cash, you won't need to resort to credit at all in your time of need.
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