Line of Credit
A line of credit is a flexible and convenient way to boost your monthly spending power, so you can cover unexpected expenses quickly. With a line of credit, you can withdraw as much or as little money as you need (up to your credit limit) each month. As you pay down on your borrowed amount, your credit becomes available for additional cash requests—just like with a credit card.
Getting a line of credit
Why a line of credit?
A line of credit gives you ongoing access to a pool of funds that you can hop into whenever you need a little extra cash.
Convenience – Unlike other types of loans, a line of credit only requires you to apply once. After you qualify, we will keep your line of credit open as long as your account remains in good standing.
Flexibility – With a line of credit, you can withdraw cash at any time for any amount up to your credit limit. You can make multiple cash requests a month and even pay down on your loan amount early.
Control – A line of credit puts you in control of how much you pay in finance charges. On each of your loan due dates, you can pay just the minimum amount due, or you can pay an additional amount to reduce your balance and pay off your loan more quickly.
You must be at least 21 years old to apply. To get started, you will need your:
- Social Security Number
- Proof of Income (pay stub, SSI statement, etc.)
- Valid email address
- Active checking account, open for at least 90 days
- Current cell/home and work phone number
Once you’re approved, you’ll get the cash you need in as little as 24 hours.
Repay your loan according to your monthly statements.