Whether it is a flat tire, an unexpected bill or splurging on something for yourself, a line of credit gives you access to money when you need it most. Depending on the amount you qualify, you can draw on it up to a maximum of $10,000. Intrest accrues daily, based on the average daily balance.
You’ll only pay interest when you borrow on the line of credit. This type of loan requires no collateral other than your signature and a good faith promise to repay. Once you pay back borrowed funds, that amount is again available for you to acquire. Request a VISA Credit Card for access to your line of credit at merchants and ATMs that accept Visa worldwide.