UNSECURED LINE OF CREDIT
Apply once. Use it over and over and over again!
You tell us how much credit you would like to have access to when you apply - and you will always have those funds ready and available for you, whenever you need them! Then you can advance as little or as much of the loan as you want, as often as you like - no need to reapply. Advancing funds is easy; just give us a call and we will have the funds in your account, when you need them. There is no need to come to the branch or sign any papers to advance funds. It's as simple as that.
You only pay for what you use and at rates usually substantially lower than on a credit card - saving you money! Payments are only calculated on what you use though a minimum payment is required - giving you the flexibility to borrow small amounts with a manageable payment. An unsecured line of credit allows prepayment at any time without penalty.
Now isn't that more flexible and convenient?