LINE OF CREDIT (LOC)

Tired of applying for loans?  A line of credit is a revolving loan that allows you to continuously borrow off an existing loan up to your credit limit.  In addition to being able to borrow the money ANY time, a line of credit allows you the convenience of overdraft protection on your share draft account if you choose this added option.


Rates

  Range from 9.90% to 17.90%*
  Simple interest on unpaid balance.

*APR = Annual Percentage Rate.  Rates are subject to change.


 

Required Forms**

  Member Data Sheet (filled out at credit union at time of loan financing)
  Latest Paycheck Stub
  Completed Loan Application
 

**Other forms may be required.

 

 

 

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